Week in deals, Nov. 26, 2007

BIOTECH

BioVex Inc.

Woburn, Mass.

www.biovex.com

Amount/Round: $35M/E

Investors: Triathlon Medical Ventures (led), New Science Ventures, Harris and Harris Group, ABN Amro, Avalon Ventures, Credit Agricole Private Equity, GeneChem Management, Innoven Partners, Scottish Equity Partners.

Details: Develops drugs to treat advanced melanoma. The company had announced a $22M first close on the Series E round earlier this year, and the final close includes some venture debt from Oxford Finance Corp. and Silicon Valley Bank.

Centice Corp.

Morrisville, N.C.

www.centice.com

Amount/Round: $11.3M/B

Investors: S-Group Direct Investments Ltd. (led), Innovation Ventures, The Aurora Funds, Novak Biddle Venture Partners.

Details: Develops a drug delivery system using pharmaceutical authentication sensors.

Vaxart Inc.

San Francisco

www.vaxart.com

Amount/Round: $2.7M/A

Investors: Quantum Technology Partners, Life Science Angels.

Details: Develops oral vaccines to treat avian flu and other diseases. The company also received a $600K grant from the National Institutes of Health.

Zosano Pharma Inc.

Fremont, Calif.

www.zosanopharma.com

Amount/Round: $45M/A

Investors: New Enterprise Associates, Nomura Phase4 Ventures, HBM BioVentures, ProQuest Investments.

Details: Develops transdermal microprojection drug delivery system, including needle-free administration. The funding brings the round total to $90M. The company, f.k.a. The Macroflux Corp., was founded last year as a Johnson & Johnson Internal Ventures spinout from the ALZA Co. to work on several product opportunities based on the company’s transdermal microprojection delivery system.

CHIPS

Power Analog Microelectronics

Santa Clara, Calif.

www.poweranalog.com

Amount/Round: $6M/B

Investors: Hotung Investment Holdings (co-led), H&Q Asia Pacific (co-led), CVM Capital, VentureTech Alliance and company management.

Details: Makes advanced analog and high-voltage power integrated circuits. Sean Peng of H&Q Asia Pacific and James Chou of Hotung Investment have joined the board.

Silicon Clocks

Fremont, Calif.

www.siliconclocks.com

Amount/Round: $8M/B

Investors: Lux Capital (led), Charles River Ventures, Formative Ventures, Tallwood Venture Capital.

Details: Manufactures fabless semiconductor that develop integrated timing products utilizing MEMS and IC technologies. Josh Wolfe, managing partner of Lux Capital, has joined the board.

CLEANTECH

M2E Power Inc.

Boise, Idaho

www.m2epower.com

Amount/Round: $8M/A

Investors: OVP Venture Partners (led), Highway 12 Ventures, @Ventures.

Details: Develops ways to convert human and vehicle motion into energy to power mobile devices. Marc Poirier, managing director of @Ventures, and Gerry Langeler, managing director at OVP Venture Partners, have joined the board. The company’s technology was developed at the Idaho National Laboratory.

SolFocus Inc.

Palo Alto, Calif.

www.solfocus.com

Amount/Round: $11.6M/A

Investors: New Enterprise Associates (led), Moser Baer India, Metasystem Group, NGEN Partners, Yellowstone Capital.

Details: Develops solar concentrator photovoltaic systems. The funding follows a $52M initial close announced in September.

COMMUNICATIONS

OpenPeak Inc.

Boca Raton, Fla.

www.openpeak.com

Amount/Round: $30M/C

Investors: RRE Ventures, Castletop Capital.

Details: Makes communications systems and devices that enable user control of home telephony.

CONSUMER

Blowtorch Entertainment

Tiburon, Calif.

bigscreen.blowtorch.com

Amount/Round: $50M/A

Investors: Ignition Partners.

Details: Develops entertainment content for a youth audience. The company was co-founded by CEO Kelly Rodriques, former founder and CEO of interactive ad agency Novo; and executive vice president of business development Dominic Ianno, formerly with Artisan Entertainment and Sony Music Online Ventures.

CONSTRUCTION

ConXtech Inc.

Hayward, Calif.

www.conxtech.com

Amount/Round: $7M/B

Investors: Columbus Nova Partners.

Details: Develops a steel-frame building system.

ECOMMERCE

Billeo Inc.

Santa Clara, Calif.

www.billeo.com

Amount/Round: $7M/B

Investors: ATA Ventures (led), Altos Ventures, Claremont Creek, Pacifica Fund.

Details: Provides an online bill payment solution. Mike Hodges, venture partner at ATA Ventures, has joined the board.

Semtek Innovative Solutions Corp.

San Diego

www.semtek.com

Amount/Round: $18M/A

Investors: RRE Ventures (co-led), Venrock (co-led), VeriFone Holdings Inc.

Details: Provides point-of-sale hardware that processes secure payment transactions. Douglas Bergeron, chairman and CEO of VeriFone; Rich McGinn, general partner at RRE Ventures; and Mike Brooks, general partner at Venrock, have joined the board.

INTERNET

beRecruited Inc.

Fort Lauderdale, Fla.

www.berecruited.com

Amount/Round: NA/A

Investors: Madison Parker Capital.

Details: Operates a social networking site for high school student-athletes seeking college recruitment. The company was founded in 2000 by Ryan Spoon, a collegiate swimmer for Duke University.

Fatdoor

Palo Alto, Calif.

www.fatdoor.com

Amount/Round: $5.5M/A

Investors: Norwest Venture Partners (led), KeyNote Ventures.

Details: Operates an online community platform for neighborhoods. The company named Jennifer Dulski its new CEO. She previously was head of Yahoo Local Markets and Commerce. Sergio Monsalve, principal at Norwest Venture Partners, has joined the board, which also includes Bill Harris, former CEO of Paypal and Intuit, and Bertram Capital co-founder Jeff Drazan.

GigaOmni Media

San Francisco

www.gigaom.com

Amount/Round: $1M/B

Investors: True Ventures.

Details: Operates a holding company for tech blogs GigaOM and NewTeeVee.

ON Networks Inc.

Austin, Texas

www.onnetworks.com

Amount/Round: $12M/B

Investors: Accel Partners (led), Austin Ventures, AT&T Corp.

Details: Produces original online video content.

Right Sized Media Inc.

Sausalito, Calif.

www.entertonement.com

Amount/Round: $5M/A

Investors: NA

Details: Provides an online media service for finding, playing and sharing pop culture quotes. The company is run by David Mandelbrot, former vice president and general manager of media and entertainment at Yahoo.

Zecco Holdings Inc.

Burlingame, Calif.

www.zecco.com

Amount/Round: $25M/A

Investors: Velocity Capital.

Details: Operates as a free online brokerage and offers website users a financial social networking community called ZeccoShare. The $25M round came with a PMV of about $100M, according to VentureWire.

MARKETING

Backchannelmedia Inc.

Boston

www.backchannelmedia.com

Amount/Round: $3M/A

Investors: Individual investors, including co-CEO Dan Hassan, son of Schering-Plough CEO Fred Hassan.

Details: Provides digital TV ad serving and response capture services. The funding brings the round total to about $9.5M.

DoublePositive Marketing Group Inc.

Baltimore

www.doublepositive.com

Amount/Round: $4M/NA

Investors: Hamilton Investment Partners, Southern Capitol Ventures, Slate Venture Group, The Grosvenor Funds, WWC Capital Group and individual investors Frank Bonsal (co-founder of New Enterprise Associates); Dave Willey (former CFO of Capital One); John Ferber (co-founder of Advertising.com); and Stein Kretsinger (former CEO of TheLoanPage.com).

Details: Provides sales leads and sales lead generation solutions for the mortgage, insurance, education, automotive and real estate industries.

MEDICAL TECHNOLOGY

iCardiac Technologies Inc.

Rochester, N.Y.

www.icardiac.com

Amount/Round: $6M/B

Investors: Advantage Capital Partners, Stonehenge Growth Capital, Trillium Group.

Details: Provides cardiac safety analysis technologies, which were developed at the University of Rochester Medical Center. The company has raised $15M since November 2006.

SOFTWARE

Apptio

Seattle

URL NA

Amount/Round: $7M/A

Investors: Madrona Venture Group, Greylock Partners.

Details: Provides software for corporate data centers. The company was founded by Sunny Gupta, who previously founded iConclude, a Madrona-backed company sold to Opsware for $60M earlier this year.

Calabrio Inc.

Minneapolis

www.calabrio.com

Amount/Round: $6M/B

Investors: BlueStream Ventures, Cisco Systems, Split Rock Partners.

Details: Provides customer interaction and workforce optimization software for IP-based contact centers. The funding is an initial close on an expected $8M Series B round, according to a regulatory filing.

ForeScout Technologies Inc.

Cupertino, Calif.

www.forescout.com

Amount/Round: $14M/D

Investors: Accel Partners, Amadeus Capital Partners, MeritechCapital Partners, Pitango Venture Capital.

Details: Provides network access control software. The funding is an expansion of its Series D round, which raised $10M in late 2005.

LogRhythm Inc.

Boulder, Colo.

www.logrhythm.com

Amount/Round: $3.25M/A

Investors: Access Venture Partners, Colorado Fund.

Details: Provides log management and analysis software.

NorthStar Systems International

San Francisco

www.northstar.com

Amount/Round: $18M/NA

Investors: Ropart Asset Management Funds, TL Ventures, Trinad Capital.

Details: Provides wealth management software to financial services institutions.

Troux Technologies Inc.

Austin, Texas

www.troux.com

Amount/Round: $7.9M/E

Investors: Austin Ventures, Greylock Partners, Verdane Capital.

Details: Provides IT governance software. The funding is an initial close of an expected $10M Series E round, according to a regulatory filing. The company previously had raised about $34M.

Valen Technologies

Denver

www.valentech.com

Amount/Round: $6.5M/C

Investors: Core Capital Partners, Appian Ventures.

Details: Provides predictive analytics experts for the property and casualty insurance industry. The company has raised about $11.5M since 2003.

STORAGE

Agami Systems Inc.

Sunnyvale, Calif.

www.agami.com

Amount/Round: $50M/C

Investors: Advanced Equities. DAG Ventures, Apex Venture Partners, Alta Partners, Kleiner Perkins Caufield & Byers, New Enterprise Associates.

Details: Provides enterprise network storage.

WIRELESS COMMUNICATIONS

4Info Inc.

Palo Alto, Calif.

www.4info.net

Amount/Round: $2.5M/E

Investors: Peacock Equity.

Details: Provides mobile search services. Investor Peacock Equity is a $250M venture fund formed earlier this year by GE and NBC Universal. As part of the investment, 4Info will become NBC Universal’s preferred mobile SMS advertising partner. The company previously raised about $28M from Draper Fisher Jurvetson, U.S. Venture Partners, Sand Hill Capital and Gannett Co.