Week in deals, March 24, 2008

BIOTECH

Alimera Sciences Inc.

Atlanta

www.alimerasciences.com

Amount/Round: $30M/C

Investors: BA Venture Partners, Domain Associates, Intersouth Partners, Polaris Venture Partners, Venrock.

Details: Develops over-the-counter and prescription ophthalmology drugs. The company last year raised a $31.8M Series B round, and sold its OTC allergy franchise to Bausch & Lomb.

enGene Inc.

Vancouver

www.engeneinc.com

Amount/Round: $6.4M/A

Investors: Saad Investments Co. (led), Masa Life Science Ventures and undisclosed angel investors.

Details: Develops treatments for diabetes. A. Sinclair Dunlop of Masa life has joined the board.

Hydra Biosciences Inc.

Cambridge, Mass.

www.hydrabiosciences.com

Amount/Round: $34M/C

Investors: Advanced Technology Ventures (led), Abingworth Management, BioVentures Investors, Lilly Ventures, New Enterprise Associates, Polaris Venture Partners.

Details: Develops molecular regeneration medicines, cardiovascular therapies and drugs targeting ion channels. The company has raised more than $45M in funding since 2001.

LigoCyte Pharmaceuticals Inc.

Bozeman, Montana

www.ligocyte.com

Amount/Round: $28M/C

Investors: Forward Ventures (co-led), Jafco (co-led), Novartis Venture Fund (co-led), Fidelity Biosciences, MedImmune Ventures, Athenian Venture Partners, MC Life Sciences Ventures.

Details: Develops vaccines for the gastrointestinal and respiratory markets. Ivor Royston, founding managing member of Forward Ventures, was named chairman of the company.

CHIPS

eASIC Corp.

Santa Clara, Calif.

www.eASIC.com

Amount/Round: $48M/F

Investors: Advanced Equities (led), Khosla Ventures, Kleiner Perkins Caufield and Byers, Crescendo Ventures, Evergreen Venture Partners.

Details: A fabless maker of zero mask-charge ASIC chips. The company has raised $80M since 2004.

CLEANTECH

Advanced Power Projects Inc.

Fremont, Calif.

www.advancedpowerprojects.com

Amount/Round: NA/A

Investors: Bay Partners (co-led), Sequoia Capital (co-led), Redpoint Ventures and individual investor Aubrey McClendon (CEO of Chesapeake Energy Corp.).

Details: Plans to acquire and commercialize new technologies to reduce the cost of power generation with green results. The company is run by former Calpine founder and CEO Pete Cartwright. Atul Kapadia from Bay and Mike Goguen from Sequoia have joined the board.

Range Fuels Inc.

Broomfield, Colo.

www.rangefuels.com

Amount/Round: $100M/NA

Investors: Khosla Ventures and an undisclosed energy investor.

Details: Develops cellulosic ethanol production technology. Khosla Ventures invested $25M in the round. The company raised $4.3M from Khosla and an undisclosed investor in August 2006.

RecycleBank

Philadelphia

www.recyclebank.com

Amount/Round: $30M/B

Investors: Kleiner Perkins Caufield & Byers (led), RRE Ventures, Sigma Partners.

Details: Offers programs to cities to encourage consumers to recycle by offering them rewards. The company previously raised a $13.1M Series A round from Sigma Partners and RRE Ventures, and before that secured seed capital from Columbia University’s Eugene M. Lang Center for Entrepreneurship.

COMMUNICATIONS

Pivot Inc.

New York

www.pivotinc.com

Amount/Round: $3M/debt

Investors: MMV Financial Inc.

Details: Provides a real-time enterprise collaboration communications network for the capital markets. The company previously raised about $16M in funding since 2005 from Softbank Capital, DFJ Gotham Ventures, Hudson Ventures and other investors.

CONSUMER INTERNET

Car Advisory Network

Seattle

www.caradvisorynetwork.com

Amount/Round: $6.5M/A

Investors: Accel Partners, Greylock Partners.

Details: Operates an online portal for automobile information.

GizMoz

San Francisco

www.gizmoz.com

Amount/Round: $6.5M/B

Investors: DoCoMo Capital (led), NGI Capital, Benchmark Capital, Columbia Capital.

Details: Allows users to create digital characters online. The company has raised more than $37M since April 1996.

Next New Networks

New York

www.NextNewNetworks.com

Amount/Round: $15M/B

Investors: Goldman Sachs (co-led), Velocity Interactive Group (co-led), Spark Capital, Saban Media Group and individual investor Bob Pittman.

Details: Operates micro television networks over the Internet. The company, which previously raised an $8M Series A round, is run by co-founder Herb Scannell, former vice chairman of MTV Networks and president of Nickelodeon.

EDUCATION

Portico Learning Solutions

Baton Rouge, La.

www.porticolearning.com

Amount/Round: $1M/NA

Investors: Advantage Capital Partners, Enhanced Capital Partners, Louisiana Fund I, Louisiana Technology Fund.

Details: Provides custom e-learning solutions. The company, f.k.a. Flying Fish Creative Services, raised $2.4M in early stage funding in December 2006.

ENERGY

ConsumerPowerline

New York

www.consumerpowerline.com

Amount/Round: $6M/A

Investors: Expansion Capital Partners, Bessemer Venture Partners.

Details: Operates as an energy management firm. The funding brings the Series A round to $23M. The company raised $17M from Expansion Capital Partners, Bessemer Venture Partners and other investors last year.

ENTERTAINMENT & RECREATION

Gamook Inc.

Menlo Park, Calif.

URL NA

Amount/Round: $1.5M/A

Investors: U.S. Venture Partners.

Details: The startup is in stealth mode, but says it is developing casual games. Rick Lewis of USVP sits on the board.

HEALTH CARE

iSirona

Panama City, Fla.

www.isirona.com

Amount/Round: $1M/A

Investors: NA

Details: Delivers medical device data from bedside and mobile devices to clinical information systems.

INTERNET

ShareThis

San Francisco

www.sharethis.com

Amount/Round: $15M/B

Investors: Draper Fisher Jurvetson.

Details: Provides online content sharing technology. The company raised a $6M Series A round last year from firms like Blue Chip Venture Co., Illinois Ventures, DFJ Mercury, Queen City Angels and RPM Ventures. ShareThis CEO Tim Schigel previously was a venture capitalist with Blue Chip, where he led the firm’s investment in interactive advertising company Advertising.com.

LIGHTING

Luminus Devices Inc.

Billerica, Mass.

www.luminus.com

Amount/Round: $72M/E

Investors: Braemar Energy Ventures (led), CMEA Ventures, Paladin Capital Group and return backers Battery Ventures, Argonaut Private Equity, Draper Fisher Jurvetson, DFJ New England, Eastward Capital, Stata Venture Partners.

Details: Makes LED products for display and illumination applications.

MARKETING

WebVisible Inc.

Irvine, Calif.

www.webvisible.com

Amount/Round: $12M/B

Investors: Sutter Hill Ventures (led), Redpoint Ventures.

Details: Provides online advertising products and services for small businesses. Sutter Hill Ventures invested $8M in the round while Redpoint Ventures invested $4M. The company raised a $5M Series A round in 2005.

MEDIA

Ziff Davis Enterprise

New York

www.ziffdavisenterprise.com

Amount/Round: $20M/NA

Investors: Bessemer Venture Partners.

Details: Produces events and publishes online and print publications servicing the tech community (such as eweek.com, channelinsider.com). Insight Venture Partners acquired Ziff Davis Enterprise last July for $150M from Ziff Davis Media.

MED TECH

Aperio Technologies Inc.

Vista, Calif.

www.aperio.com

Amount/Round: $20M/C

Investors: HLM Venture Partners (led), Acadia Woods Partners, BlackRock Alternative Advisors, Galen Partners, Advanced Technology Ventures.

Details: Provides digital pathology services for the health care and life sciences industry. The company previously raised about $27M in funding.

Luminous Medical Inc.

Carlsbad, Calif.

www.luminousmedical.com

Amount/Round: $23.5M/B

Investors: Adams Street Partners (led), RiverVest Venture Partners, Finistere Ventures and return backers De Novo Ventures, Latterell Venture Partners.

Details: Develops a blood glucose monitor for use during surgery and with critically ill patients. The company raised a $9M Series A round in late 2005.

Miramar Labs Inc.

Menlo Park, Calif.

URL NA

Amount/Round: $20.34M/B

Investors: Domain Associates, Morgenthaler Ventures, Split Rock Partners.

Details: The startup develops medical devices.

Nellix Inc.

Palo Alto, Calif.

www.nellix.com

Amount/Round: $6.5M/C

Investors: Essex Woodlands Health Ventures.

Details: Develops an endograft for treating abdominal aortic aneurysms and thoracic aortic aneurysms. The company has now raised about $20M in total VC funding since 2005.

PRINTING

ePAC Inc.

San Leandro, Calif.

www.epac.com

Amount/Round: $20M/C

Investors: HarbourVest Partners.

Details: Provides printing and logistics solutions to the tech industry. The company had announced a $30M Series C round in May 2006 from Menlo Ventures, Investor Growth Capital and Thorner Ventures. Those firms are each listed as existing shareholders, but did not contribute to the Series C round.

SOFTWARE

Bungee Labs Inc.

Orem, Utah

www.bungeelabs.com

Amount/Round: $8M/C

Investors: North Bridge Venture Partners, Venrock, Wasatch Venture Fund.

Details: Provides Web development software. The company had raised a $7.1M Series B round in November 2006 at a PMV of about $30M.

Cenzic Inc.

Santa Clara, Calif.

www.cenzic.com

Amount/Round: $10M/D

Investors: Advanced Technology Ventures, Hummer Winblad Venture Partners, JK&B Capital, Mohr Davidow Ventures.

Details: Develops enterprise software for analyzing IT errors. The funding is the first call down of a $15M Series D round, according to a regulatory filing. The company previously raised more than $32M in total VC funding since 2001.

Endeca Technologies Inc.

Cambridge, Mass.

www.endeca.com

Amount/Round: $10M/F

Investors: NA

Details: Develops Internet search software. The funding brings the Series F round to $25M. The company has now raised about $80M from Intel Capital, SAP Ventures, Bessemer Venture Partners, Lehman Brothers, Ampersand Ventures, Venrock, Monarch Capital Partners, DN Capital and Granite Global Ventures.

Five9 Inc.

Pleasanton, Calif.

www.five9.com

Amount/Round: $12M/C

Investors: Hummer Winblad Venture Partners, Partech International, Mosaic Venture Partners.

Details: Develops on-demand call center software for telemarketing operations and customer service. The company previously raised about $17M in funding.

Vovici

Dulles, Va.

www.vovici.com

Amount/Round: $10M/B

Investors: Mayfield Fund (led), Austin Ventures.

Details: Develops survey software and services. Rajeev Batra, principal at Mayfield Fund, has joined the board, which includes Chris Pacitti and David Lack, general partner and partner, respectively, of Austin Ventures. Austin Ventures invested an undisclosed amount in the company last year.

Zuora Inc.

Mountain View, Calif.

www.zuora.com

Amount/Round: $6.5M/A

Investors: Benchmark Capital.

Details: Provides SaaS for managing online subscription and billing services. Benchmark General Partner Peter Fenton is on the company board.

Vivisimo

Pittsburgh

www.vivisimo.com

Amount/Round: $4M/A

Investors: North Atlantic Capital.

Details: Develops enterprise search software.

TECHNOLOGY

Aprigo Inc.

Waltham, Mass.

www.aprigo.com

Amount/Round: $3M/A

Investors: Cedar Fund.

Details: The startup says that it is developing unspecified technologies. The company is run by former Cedar Fund entrepreneur-in-residence Gil Zimmermann.

VIDEO

Clearleap

Atlanta

www.clearleap.com

Amount/Round: $9M/A

Investors: Trinity Ventures, Noro-Moseley Partners, and individual investors Jim Chiddix (former CTO of Time Warner Cable) and Sig Mosley (president at Imlay Investments Inc.).

Details: Develops video delivery technologies for television. Fred Wang, general partner of Trinity Ventures, and Alan J. Taetle, general partner at Noro-Moseley Partners, have joined the board.

WIRELESS COMMUNICATIONS

SendMe

San Francisco

www.sendme.com

Amount/Round: $15M/C

Investors: GrandBanks Capital (led), Amicus Capital, Spark Capital, True Ventures.

Details: Provides mobile subscription services, such as interactive mobile trivia, ringtones, wallpaper and mobile sweepstakes.

Straitshot Communications

Bellevue, Wash.

www.straitshot.com

Amount/Round: $5.5M/B

Investors: Claritage Capital.

Details: Provides WAN and broadband services optimized for VoIP, video and real-time applications. The company raised $5.5M in a Series A round in May 2006 from an undisclosed investor.

Thumbplay

New York

www.thumbplay.com

Amount/Round: $18M/E

Investors: Brookside Capital Partners (co-led), Cross Creek Capital (co-led), Bain Capital Ventures, Redwood Partners, New Enterprise Associates, Meritech Capital Partners.

Details: Provides wireless entertainment services to the media and telecom markets. The company has raised more than $35M, including an unannounced $17M Series D round last summer at a PMV of about $250M. Other investors include Softbank Capital, i-Hatch Ventures and Verizon Investments.