Week in deals, May 3, 2010

BIOTECH

Cellular Dynamics International

Madison, Wis.

www.cellulardynamics.com

Amount/Round: $40.6M/B

Investors: Tactics II Stem Cell Ventures (led), Sam Zell’s Equity Group Investments and Sixth Floor Investors

Details: Manufactures human heart cells. The company previously raised $18M in funding.

CLEANTECH

Coskata Inc.

Warrenville, Ill.

www.coskata.com

Amount/Round: NA/NA

Investors: Total.

Details: Develops technologies for processing biorefuse into ethanol. The company previously raised more than $76M from The Blackstone Group, Advanced Technology Ventures, Globespan Capital Partners, General Motors, GreatPoint Ventures and Khosla Ventures.

Joule Biotechnologies

Cambridge, Mass.

www.joulebio.com

Amount/Round: $30M/B

Investors: Flagship Ventures

Details: Develops technology to convert carbon dioxide into ethanol.

Keahole Solar Co.

Honolulu

www.keaholesolar.com

Amount/Round: $18M/NA

Investors: NA

Details: Operates as a cleantech development company. The company spun out of Sopogy in 2007.

Lifefactory

Sausalito, Calif.

www.lifefactory.com

Amount/Round: $1.65M/A

Investors: Greenhouse Capital Partners and Big Sky Partners.

Details: Makes environmentally friendly and health conscious glass baby and adult beverage bottles. The company says its products are free of known toxins, such as Bisphenol-A (BPA), phthalates, Polyvinyl Chloride (PVC) and polycarbonates.

SolarBridge Technologies

Atlanta

www.solarbridgetech.com

Amount/Round: $15M/B

Investors: Rho Ventures (led) and Battery Ventures.

Details: Develops microinverter and monitoring solutions for the solar energy market. The company previously raised $12M in funding in a Series A round led by Battery. Joshua Ruch, managing partner and co-founder of Rho Ventures, has joined the board.

CLOUD

Macheen Inc.

Austin, Texas

www.macheen.com

Amount/Round: $2.75M/A

Investors: DFJ Mercury (led) and individual investors, including Mike Maples and Tom Meredith.

Details: Provides cloud services for connected devices. Ned Hill, managing director of DFJ Mercury, has joined the board. The company, which is the fourth founded by Richard Schwartz, is expected to come out of stealth mode later this year.

COMMUNICATIONS

Overture Networks Inc.

Morrisville, N.C.

www.overturenetworks.com

Amount/Round: $17.2M

Investors: QuestMark Partners (led), Intel Capital, Intersouth Partners, Morgenthaler Ventures, Tenaya Capital, TDF Fund and Gray Ventures.

Details: Makes high-speed networking equipment. The company previously raised about $45M in funding. Tim Krongard, partner at QuestMark, has joined the board.

CONSUMER INTERNET

ShoeDazzle.com

Los Angeles

www.shoedazzle.com

Amount/Round: $13M/B

Investors: Lightspeed Venture Partners (led) and Polaris Venture Partners.

Details: Operates an online shoe shopping assistant website. The company previously raised $7M and was founded by LegalZoom co-founder Brian Lee and reality TV star Kim Kardashian. Jason Trevisan, of Polaris Venture Partners, has joined the board.

ECOMMERCE

Zong

Palo Alto, Calif.

www.zong.com

Amount/Round: $15M/NA

Investors: Matrix Partners.

Details: Develops mobile payment service used by online gaming and social networking websites. The company is a recent spinout from Swiss mobile media company Echovox, which has raised more than $12M in VC funding from Advent Venture Partners and Newbury Ventures. Dana Stalder, general partner of Matrix, has joined the board.

EMAIL

SendGrid Inc.

Boulder, Colo.

www.sendgrid.com

Amount/Round: $5M/A

Investors: Foundry Group (led), Highway12 Ventures, SoftTech VC and individual investors Dave McClure, David Cohen, Postini founder Scott Petry and WordPress founder Matt Mullenweg.

Details: Develops email software which helps ensure delivery and gather analytics. Ryan McIntyre, of Foundry Group, has joined the board.

FOOD & BEVERAGE

Alter-Eco Inc.

San Francisco

www.altereco-usa.com

Amount/Round: $2M/A

Investors: Good Capital, Serious Change Fund and Renewal2 Investment Fund.

Details: Makes organic, fair trade food products. Ben Cohen, co-founder of Ben & Jerry’s, has joined the board.

INTERNET MARKETING

Click Forensics Inc.

Austin, Texas

www.clickforensics.com

Amount/Round: $6M/C

Investors: NA

Details: Develops click-fraud reporting for online advertisers. The company previously raised $15M in funding from Sierra Ventures, Austin Ventures and Shasta Ventures.

FreeWheel

San Mateo, Calif.

www.freewheel.tv

Amount/Round: $16.8M/D

Investors: Steamboat Ventures (led), Turner Broadcasting System, Battery Ventures and Foundation Capital.

Details: Develops online video monetization technology. The company previously raised more than $12M in funding.

Ground Truth

Seattle

www.groundtruth.com

Amount/Round: $7M/B

Investors: Emergence Capital Partners, OpenAir Ventures, Steamboat Ventures and Voyager Capital.

Details: Provides mobile measurement technology for businesses. Kevin Spain, principal at Emergence, has joined the board.

Simulmedia

New York

www.simulmedia.com

Amount/Round: $8M/B

Investors: Time Warner Investments (led), Avalon Ventures and Union Square Ventures.

Details: Operates as a media marketing company, helping TV companies improve ratings by lifting the effectiveness of tune-in programming spots. The company previously raised $4M in funding and was founded by Dave Morgan, former founder of TACODA and Real Media.

Tremor Media

New York

www.tremormedia.com

Amount/Round: $40M/D

Investors: Draper Fisher Jurvetson Growth Fund (led), Draper Fisher Jurvetson, Triangle Peak Partners, Canaan Partners, Meritech Capital Partners and SAP Ventures.

Details: Operates an online video advertising network. The company previously raised more than $38M in funding. Past backers not listed in the recent funding include Masthead Venture Partners and European Founders Fund.

MEDIA

XOS Digital Inc.

Boston

www.xostech.com

Amount/Round: NA/B

Investors: NewSpring Ventures (led), Dublin Capital, Blue Chip Venture Co. and Beechtree Capital.

Details: Develops content management solutions and digital media services for collegiate and professional sports organizations. The company also has offices in Orlando, Fla.

PHARMACEUTICALS

Aragon Pharmaceuticals Inc.

San Diego

www.aragonpharm.com

Amount/Round: $22M/B

Investors: Aisling Capital, OrbiMed Advisors and The Column Group.

Details: Develops treatments for hormonally driven cancers. The company previously raised about $8M in funding. Brett I.W. Zbar, a partner with Aisling Capital, has joined the board.

SEMICONDUCTORS

AutoESL Design Technologies Inc.

Los Angeles

www.autoesl.com

Amount/Round: $2M/NA

Investors: NA

Details: Develops electronic system level synthesis tools for EDA of integrated circuits and systems. The funding is part of a $4.5M funding round, according to a regulatory filing. The company previously raised $4M from Adams Capital Management and Infotech Ventures.

Zenverge Inc.

Cupertino, Calif.

www.zenverge.com

Amount/Round: $30M/C

Investors: Battery Ventures (led), DCM, Motorola Ventures and Norwest Venture Partners.

Details: Develops advanced media integrated circuits.

SOFTWARE

OpenCandy

San Diego

www.opencandy.com

Amount/Round: $5M/B

Investors: Google Ventures (led), Bessemer Venture Partners and O’Reilly Alpha Tech.

Details: Develops distribution and revenue solutions for software developers. The company previously raised $3.5M in funding.

RES Software

Plymouth Meeting, Pa.

www.ressoftware.com

Amount/Round: $6M/MA

Investors: GIMV.

Details: Develops user workspace management software. The company previously raised $12.5M from Updata Partners. The company recently named Klaus Besier, a former head of SAP America Inc., to be its CEO.

Voxify

Alameda, Calif.

www.voxify.com

Amount/Round: $8M/E

Investors: El Dorado Ventures, Intel Capital, Palomar Ventures and Sigma Partners.

Details: Develops speech recognition technologies for automating customer call centers. The company previously raised about $35M.