Investors: DFJ Mercury, Applied Ventures, Good Energies.
Details: Develops high-power lithium ion batteries. The funding is the first close of a $5.1M Series A round.
New Haven, Conn.
Investors: Connecticut Innovations, Elm Street Ventures, Four Seasons Ventures.
Details: A biotechnology company in stealth mode.
Obalon Therapeutics Inc.
Investors: Domain Associates (led), Okapi Ventures, Phagia Technology Inc.
Details: A drug developer startup.
Kilopass Technologies Inc.
Santa Clara, Calif.
Investors: BlueRun Ventures, Pitango Ventures, U.S. Venture Partners.
Details: Develops non-volatile memory technology. The company previously raised about $22M in funding.
Santa Clara, Calif.
Investors: LSI Corp., Columbia Capital, Granite Global Ventures, Global Catalyst Partners, Venrock, U.S. Venture Partners.
Details: Develops integrated circuits for next-generation Ethernet transport. The company previously raised $53M in funding, including a $20M Series C round in October 2006 at a PMV of about $85M.
Albeo Technologies Inc.
Investors: Green Spark Ventures.
Details: Makes long-lasting solid-state lighting products for commercial and industrial facilities. The company presented last week at the Venture Capital in the Rockies conference.
Palo Alto, Calif.
Investors: Khosla Ventures, Kleiner Perkins Caufield & Byers.
Details: Develops solar electric power parks. The company is planning to raise $15M in follow-up funding from shareholders, prior to putting together a round that could be worth up to $150 million, according to CNet. The company previously raised more than $40M in VC funding last year.
Miles Electric Vehicles
Santa Monica, Calif.
Investors: Angeleno Group.
Details: Develops electric cars, including a sedan with a range of more than 120 miles per charge.
Investors: Battelle Ventures, Innovation Valley Partners.
Details: Designs and manufactures optical network systems and sub-systems.
Details: Sells pet insurance to owners. Darryl Rawlings, founder and CEO of the company, is also the founder of Vetinsurance, a pet insurance company in Canada.
Santa Monica, Calif.
Investors: Walden VC (led), Prism VentureWorks, Symbolic Action.
Details: Operates an online video web site focused on comedy. The company was founded by Dean Valentine, former president and CEO of United Paramount Network, and, before that, president of Walt Disney Television. Valentine also manages Symbolic Action.
Investors: Second Avenue Partners, Curious Office Partners and individual investor Rich Barton (founder of Expedia and CEO of Zillow.com).
Details: The startup describes itself as a creator of consumer Internet products.
Mountain View, Calif.
Investors: Benchmark Capital (led) and company co-founders Paul Buchheit and Sanjeev Singh.
Details: Operates a social networking site focused on content sharing.
Investors: Fidelity Ventures.
Details: Provides Web-based learning and development services to corporations, government agencies and non-profit groups. Fidelity Ventures Partner Roger Hurwitz has joined the board.
Investors: DAG Ventures (led), Benchmark Capital, Bridgescale Partners, Inventures Group, JAFCO Ventures, Meritech Capital Partners, Mohr, Davidow Ventures, RRE Ventures.
Details: Provides email security solutions. The company has now raised $86M in total VC funding since mid-2003.
ENTERTAINMENT AND RECREATION
Investors: The Founders Fund, Alsop Louie Partners.
Details: Develops games for social networking sites, such as “Packrat” for play on Facebook.
Investors: New Enterprise Associates, Valhalla Partners.
Details: Helps viewers watch TV on PCs. Chairman Scott Ferber was a co-founder of Advertising.com, while CEO Mollie Spilman was a sales and marketing executive at Advertising.com.
Investors: Sutter Hill Ventures, Village Ventures, Permit Capital, Marshall & Ilsley Corp.
Details: Provides financial services to small businesses.
Santa Barbara, Calif.
Investors: Great Pacific Capital.
Details: Develops health care information technology. Dave Gross, founder of Fastclick and managing partner of Great Pacific, has joined the board.
Santa Monica, Calif.
Investors: Galen Partners.
Details: Develops cognitive fitness solutions designed to improve quality of life for aging individuals, including those suffering from dementia and Alzheimer’s disease. David Jahns, managing director at Galen, and William Williams, a special venture partner with Galen, have joined the board.
Portico Systems Inc.
Blue Bell, Pa.
Investors: Edison Venture Fund (led), Safeguard Scientifics.
Details: Provides software solutions for health insurance plans. Doug Petillo, partner at Edison, has joined the board.
Investors: Gemini Israel Funds (co-led), Lightspeed Venture Partners (co-led), GlenRock Israel.
Details: Provides ratings and recommendations services and other widgets for blogs. The company was co-founded in early 2007 by Yaron Galai, the founder of Quigo Technologies Inc., which was acquired by AOL for $300 million last year. Daniel Cohen from Gemini, Yoni Cheifetz from Lightspeed and Ziv Kop from GlenRock have joined the board.
Investors: Index Ventures (led), Gold Hill Capital, Greylock Partners.
Details: Provides digital content delivery services. The company previously raised a $6M Series A round in July 2006.
Investors: Nomura International (led), GE Energy Financial Services, Chevron Technology Ventures, Advanced Technology Ventures.
Details: Develops protective coatings for industrial applications.
Investors: Arnerich Massena & Associates (co-led), BBT Fund (co-led), Essex Woodland Health Ventures, RiverVest, PTV Sciences, KB Partners, Kaiser Permanente Ventures.
Details: Develops technology to prevent and treat heart attack and stroke. The company has now raised $85M in total VC funding since 1996.
Adnavance Technologies Inc.
Investors: GrowthWorks Capital (led), JovInvestment Management, Business Development Bank of Canada.
Details: Develops detection molecular diagnostic tests for medical applications.
Aliso Viejo, Calif.
Investors: BioLucent, Fog City Fund, Windamere Venture Partners.
Details: Provides breast cancer radiation treatment devices. The company is a spin off of BioLucent.
NanoImaging Services Inc.
Investors: Merck Capital Ventures.
Details: Develops electron microscope imaging services.
Sabal Medical Inc.
Investors: Nexus Medical Partners (led), SC Launch, Medicis Ventures Management GmbH.
Details: Develops a medication tracking system using bar code verification. The funding is the first close of a $2.7M Series B round, according to a regulatory filing. Gregory Zaic, a senior partner of Nexus, has joined the board.
Investors: Kleiner Perkins Caufield & Byers, Integral Capital Partners, New Science Ventures.
Details: Develops oxygen technology for the management of cardiovascular and neurovascular diseases. The company’s previous round was a $40M infusion in July 2005, and it has now raised more than $120M in total VC funding since 1995.
Identity Rehab Corp.
Details: The company, d.b.a. ID Watchdog, provides identity theft protection services. Aspenwood Capital served as placement agent.
Investors: NewSpring Ventures.
Details: Develops application infrastructure software. The company was founded in 2006 and was previously self-funded by the founders.
Investors: Grotech Capital Group.
Details: Develops social networking software. The company previously raised $2.2M from individual investors. Joseph Zell, a general partner with Grotech, has joined the board.
Investors: Lacuna Venture Capital.
Details: Develops software that improves the stability and performance of digital lifestyle products.
Investors: Benchmark Capital (led), Index Ventures, New Enterprise Associates.
Details: Develops open source business intelligence software. The company had previously raised $13M.
Investors: Catalyst Investment (led), Carmel Ventures, Pitango Venture Capital.
Details: Develops enterprise productivity software for collaborative engineering. The company has now raised nearly $60M in total VC funding since its 1998 inception.
TrueDemand Software Inc.
Los Gatos, Calif.
Investors: Bay Partners, CMEA Ventures, Mayfield Fund.
Details: Develops supply chain management software. The funding is the first close of a $4.4M Series C round, according to a regulatory filing. The company previously raised $14M in funding.
Investors: Globespan Capital Partners, GrandBanks Capital, HLM Venture Partners, Greylock, QuestMark Partners, Sigma Partners, Wasatch Advisors.
Details: Develops data storage software that runs on intelligent storage network devices. The company previously raised $79M in VC funding, beginning in 2001.
Details: Operates a video sharing website focused on anime. Venrock Partner David Siminoff has joined the board.
Investors: Individual investors, including former Washington Redskins quarterback Joe Theismann; Ed Herrington (an investor in VistaPrint); and Menlo Park, Calif.-based angel investor David Solomon.
Details: Develops video delivery network.