Arriva Pharmaceuticals Inc.
Alameda, Calif.
www.arrivapharma.com
Amount/Round: $6M/NA
Investors: Nordic Biotech, MPM Capital.
Details: Develops anti-inflammatory therapies for treating respiratory disease. The company has now raised $81M in total funding.
PhaseRx
Seattle
URL NA
Amount/Round: $19M/A
Investors: 5AM Ventures, Arch Venture Partners, Versant Ventures.
Details: Operates as a biotech startup. The funding includes $4M, which was immediately called down, and $15M more if the company hits development milestones. The company was founded by Robert Overall, a former general partner with Frazier Healthcare Ventures. Arch Partner Steven Gillis serves as chairman of the board, which also includes John Diekman of 5 AM and Brian Atwood of Versant.
Travena Inc.
Berwyn, Penn.
URL NA
Amount/Round: $24M/A
Investors: Alta Partners (co-led), Healthcare Ventures (co-led), New Enterprise Associates, Polaris Venture Partners.
Details: Develops drugs that target G-protein coupled receptors. Farah Champsi of Alta Partners, Christopher Mirabelli of Healthcare Ventures and Robert Garland of New Enterprise Associates have joined the board.
TyRx Pharma Inc.
Monmouth Junction, N.J.
www.tyrxpharma.com
Amount/Round: $25M/A
Investors: Clarus Ventures, Pappas Ventures.
Details: Develops drug device products. Managing Director Jeffrey Leiden and Principal Scott Requadt of Clarus Ventures, and Arthur Pappas, managing partner of Pappas Ventures, have joined the board.
CHIPS
NextIO Inc.
Austin, Texas
www.nextio.com
Amount/Round: $18.8M/C
Investors: Adams Capital Management (co-led), Crescendo Ventures (co-led), VentureTech Alliance, JK&B Capital, Dell.
Details: Develops fabless semiconductors for enterprise-class computer servers. The company has now raised nearly $40M in total VC funding since 2003.
Qcept Technologies Inc.
Atlanta
www.qceptech.com
Amount/Round: $9.5M/C
Investors: Siemens Venture Capital (led), Pittco Capital Management.
Details: Makes wafer inspection systems for the semiconductor manufacturing industry. The company has now raised nearly $25M in total VC funding since January 2003.
Tzero Technologies
Sunnyvale, Calif.
www.tzerotech.com
Amount/Round: $18M/C
Investors: CID Group (led), August Capital, Lightspeed Venture Partners, OVP, U.S. Venture Partners, VentureTech Alliance.
Details: Develops wideband semiconductors.
CLEANTECH
Climos
San Francisco
www.climos.com
Amount/Round: $3.5M/A
Investors: Braemar Energy Ventures and individual investor Elon Musk.
Details: The startup aims to seed the ocean with iron to increase plankton growth and offset climate change
LS9
South San Francisco
www.LS9.com
Amount/Round: $3M/NA
Investors: Leader Ventures.
Details: Develops hydrocarbon biofuels made from diverse renewable feedstocks.
Mascoma Corp.
Cambridge, Mass.
www.mascoma.com
Amount/Round: $50M/C
Investors: General Catalyst Partners, Khosla Ventures, Atlas Venture, Flagship Ventures, Kleiner Perkins, Pinnacle Ventures, VantagePoint Venture Partners.
Details: Develops technologies for producing ethanol from cellulosic biomass. The funding round includes $30M and $20M in debt. Mascoma had previously raised about $40M.
Purfresh
Livermore, Calif.
www.purfresh.com
Amount/Round: $25M/C
Investors: Chilton Investment Co. (led), Chrysalix Energy, Foundation Capital, Grauer Capital, Perella Weinberg Partners.
Details: Develops ozone equipment for purification of food and water. The company, f.k.a. Novazone Inc., raised $5M in the round from Perella Weinberg Partners.
COMMUNICATIONS
Monitoring Division Inc.
Sunnyvale, Calif.
URL NA
Amount/Round: NA/NA
Investors: Starfish Ventures, National ICT Australia.
Details: Develops networking performance monitoring equipment. The company was spun out of Australia’s Information and Communications Technology Research Centre of Excellence.
CONSUMER INTERNET
EveryScape Inc.
Waltham, Mass.
www.everyscape.com
Amount/Round: $7M/B
Investors: Dace Ventures (led), Draper Fisher Jurvetson, DFJ New England, Draper Atlantic, LaunchPad Venture Group.
Details: Creates 3-D virtual street-level of city streets, building interiors, landmarks and businesses, in competition with Google Inc.’s Street View feature of Google Maps. The company raised a $4M Series A round last year.
Mint
San Francisco
www.mint.com
Amount/Round: $12.1M/B
Investors: Benchmark Capital (led), Shasta Ventures, First Round Capital, Sherpalo Ventures, Felicis Ventures, Hite Capital.
Details: Provides personal financial management services online. Bob Kagle, general partner of Benchmark, has joined the board.
FINANCIAL
Storm Exchange Inc.
New York
www.stormexchange.com
Amount/Round: $7.2M/NA
Investors: RRE Ventures, Venrock.
Details: Provides financial, hedge-based consulting for exposure to unseasonable weather, which can reduce customer demand or increase operating costs.
HEALTH CARE
Chesson Labs
Durham, N.C.
www.chessonlabs.com
Amount/Round: $3.3M/A
Investors: Undisclosed individual investors.
Details: Develops health care products made from a patented polymer, such as a liquid skin bandage. The company also is working on products to treat bites and stings as well as a nail fungus treatment.
INTERNET
Mzinga Inc.
Burlington, Mass.
www.mzinga.com
Amount/Round: $32.5M/NA
Investors: W Capital Partners (led), Bluecrest Capital Finance, GE Equity, Knowledge Industries and individual investors from company management.
Details: Provides social media technologies. Part of the funding was used to acquire Littleton, Mass.-based competitor Prospero Technologies.
MARKETING
Invision Inc.
New York
www.invisioninc.com
Amount/Round: $30M/A
Investors: ABS Capital Partners (led), CIBC Capital, Piper Jaffray.
Details: Provides advertising sales solutions to broadcast and cable TV companies. Ralph Terkowitz and Bobby Goswami, general partners at ABS Capital, and Mark Hastings, managing director of CIBC, have joined the board.
Jivox
San Mateo, Calif.
www.jivox.com
Amount/Round: $2.7M/A
Investors: Opus Capital and individual investors and Jivox founder Diaz Nesamoney.
Details: Provides online video advertising services. The financing was expected to be announced this week. The company was founded by Diaz Nesamoney, the co-founder of Informatica and Celequest.
Tippit Inc.
San Francisco
www.tippit.com
Amount/Round: $12.2M/C
Investors: Granite Global Ventures (led), Lightspeed Venture Partners, Trinity Ventures.
Details: Provides Internet marketing services. The company had previously raised about $11M.
YieldBuild
San Francisco
www.yieldbuild.com
Amount/Round: $6M/B
Investors: Storm Ventures (led), Hummer Winblad Venture Partners.
Details: Provides online ad format and placement optimization solutions. The company was launched in late 2006 as HubPages with $4M in funding from Hummer Winblad and undisclosed investors.
MED TECH
Arthrosurface Inc.
Franklin, Mass.
www.arthrosurface.com
Amount/Round: $4M/F
Investors: Boston Millennia Partners.
Details: Develops methods for treating focal cartilage defects in humans and animals. The company has now raised about $31M in private equity since September 2003.
Sleep Solutions Inc.
Pasadena, Md.
www.sleep-solutions.com
Amount/Round: $20.5M/NA
Investors: TPG Biotech (led), MedVenture Associates, Dr. Thomas Fogarty/Emergent Ventures, Lava Ventures.
Details: Develops medical technologies to treat sleep disorders, including sleep apnea. The company had previously raised more than $26M in funding since 1998.
MEDIA
Akimbo
San Mateo, Calif.
www.akimbo.com
Amount/Round: $8M/D
Investors: AT&T, Blueprint Ventures, Draper Fisher Jurvetson, Kleiner Perkins Caufield & Byers, Zone Ventures.
Details: Provides content delivery systems for streaming media on the Internet. The company has now raised about $56M in total VC funding since 1999.
Generate
Los Angeles
www.generatela.com
Amount/Round: $6M/A
Investors: Velocity Interactive Group, MK Capital.
Details: Operates a content production and management studio. Jordan Levin, former CEO of the WB Network, is the new CEO of the company. Velocity Interactive Group is the digital media investment firm headed by former News Corp. and AOL executives Ross Levinsohn and Jonathan Miller.
ManiaTV Network Inc.
Denver
www.maniatv.com
Amount/Round: $5.5M/C
Investors: DAG Ventures (led), Benchmark Capital, Centennial Ventures, Intel Capital.
Details: Provides live Internet television via its own Internet TV network. The company has now raised about $23M in total VC funding since late 2004.
SECURITY
Alert Logic Inc.
Houston
www.alertlogic.com
Amount/Round: $8.25M/C
Investors: Updata Partners (led), Hunt Ventures, DFJ Mercury, Access Venture Partners, OCA Ventures.
Details: Provides network security solutions. The company previously raised $7.5M.
SOFTWARE
Helpsteam
Mountain View, Calif.
www.helpstream.biz
Amount/Round: $8.6M/B
Investors: Mohr Davidow Ventures (led), Foundation Capital and individual investor Roger Sippl, the former CEO of Informix.
Details: Develops on-demand collaborative customer service software. Bryan Stolle, MDV partner and co-founder and former CEO of Agile Software, has joined the board. The company, f.k.a. Pathworks Software, has now raised more than $11M in funding since February 2006.
iRise
El Segundo, Calif.
www.irise.com
Amount/Round: $20M/NA
Investors: Morgan Stanley Venture Partners, Gold Hill Capital, Silicon Valley Bank, Deutsche Bank
Details: Designs Java-based Internet software.
WideOrbit Inc.
San Francisco
www.wideorbit.com
Amount/Round: $14.5M/C
Investors: Khosla Ventures, Greycroft Partners, Hearst Ventures.
Details: Develops software focused on traffic, sales and billing for the broadcast and cable industry. The company has now raised about $30M since 1999. VentureWire reported that the company already has term sheets out on a follow-on round that could net up to $50M.
TECHNOLOGY
NoblePeak Vision Corp.
Wakefield, Mass.
www.noblepeak.com
Amount/Round: $12M/B
Investors: Chart Venture Partners (led), Matrix Partners, Northbridge Venture Partners.
Details: Develops night-vision technology.
TELECOM
RingCentral Inc.
Redwood City, Calif.
www.ringcentral.com
Amount/Round: $12M/B
Investors: DAG Ventures (led), Khosla Ventures, Sequoia Capital.
Details: Provides enterprise telecom services. The company, which was founded in 1991 and was previously owned by Motorola, raised $12M in September from Khosla and Sequoia.
WIRELESS COMMUNICATIONS
Handango
Hurst, Texas
www.handango.com
Amount/Round: $9.5M/C
Investors: Institutional Venture Partners, Advanced Technology Ventures, Centerpoint, Neo Carta Ventures, Pharos Capital Group, SSM Partners.
Details: Develops and provides mobile download services and mobile software. The company previously raised more than $78M since 1999. The company board includes Mohan Gyani, former president and CEO of AT&T Wireless.
Xirrus Inc.
Westlake Village, Calif.
www.xirrus.com
Amount/Round: $25M/C
Investors: Canaan Partners (led), August Capital, QuestMark Partners, U.S. Venture Partners.
Details: Provides WiFi solutions for businesses. The company has now raised about $45M since December 2005.
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