Week in deals, Nov. 9, 2009


EmSense Corp.

San Francisco


Amount/Round: $9M/C

Investors: Technology Partners (led), Foundry Group.

Details: Develops physiological and brainwave measurement technology to study how consumers are exposed to advertising, video games, political messaging, movies, and television shows The company previously raised more than $7M in funding from Foundry last year.

Nodality Inc.

South San Francisco


Amount/Round: $3.5M/NA

Investors: Kleiner Perkins Caufield & Byers, Maverick Capital and TPG Biotech Partners.

Details: Provides single cell proteomics research. The funding is part of a $10M funding round, according to a regulatory filing. The company was seeded in 2006 by Kleiner Perkins and TPG.

On-Q-ity Inc.

Waltham, Mass.


Amount/Round: $21M/A

Investors: Mohr Davidow Ventures (led), Bessemer Venture Partners, Physic Ventures and Northgate Capital.

Details: Develops diagnostics to determine optimal treatment choice for cancer patients at each stage of the treatment cycle.


Ampulse Corp.

Golden, Colo.


Amount/Round: $8M/A

Investors: Globespan Capital Partners (co-led), El Dorado Ventures (co-led), Battelle Ventures and its Innovation Valley Partners affiliate.

Details: Makes thin-film solar cells.

MicroMedia Filtration Inc.

Lake Forrest, Calif.


Amount/Round: $3M/A

Investors: Sail Venture Partners.

Details: Develops wastewater treatment systems for municipalities, real estate developers and the military. David Jones and Hank Habicht, managing partners of Sail, are on the company board.


New York


Amount/Round: $28.35M/C

Investors: Generation Investment Management, Kleiner Perkins Caufield & Byers, RRE Ventures, Sigma Partners and The Westly Group.

Details: Operates a program that partners cities and businesses to reward households that recycle. The company previously raised about $32M in funding.


Renewable Funding



Amount/Round: $12.2M/A

Investors: NGEN Partners (co-led), Draper Fisher Jurvetson (co-led), New Cycle Capital and law firm Wilson Sonsini.

Details: Provides financing for property-assessed clean energy programs.



Mill Valley, Calif.


Amount/Round: $1M/NA

Investors: NA

Details: Provides clinical trials for pharmaceutical customers. The funding is part of a $3M funding round, according to a regulatory filing.



New York


Amount/Round: $4.7M/A

Investors: DFJ Gotham, First Round Capital, Greenhill SAVP, Javelin Partners and Zelkova Ventures.

Details: Provides search engine optimization solutions.

The Daily Caller

Washington, D.C.


Amount/Round: $1.5M/A

Investors: Individual investor Foster Friess.

Details: Operates a right-wing news and opinion website, resembling The Huffington Post, and which has not yet launched. Moira Bagley, former associate press secretary at the Republican National Committee, is listed as editor on LinkedIn.com. Conservative pundit Tucker Carlson founded the site. Funding is part of a $3M funding round, according to a regulatory


Sunnyvale, Calif.


Amount/Round: $800K/Seed

Investors: Individual investors include Elis Nemes and Saeed Amidi of Amidzad Partners, Doug Tsui of Horizon Ventures and Allen Miner of Sunbridge Partners.

Details: Develops an Internet utility which allows users to organize Web activities.

The Motley Fool Holdings Inc.

Alexandria, Va.


Amount/Round: $25M/NA

Investors: BIA Digital Partners and Patriot Capital.

Details: Operates a financial news and opinion website. BIA Digital Partners invested $15M while Patriot Capital provided the remainder. The company previously raised about $56M from the Mayfield Fund, Maveron and others. Proceeds from the most recent funding will be used for shareholder liquidity, growth capital and for general corporate purposes.


San Francisco


Amount/Round: NA/Seed

Investors: Avalon Ventures, XG-Ventures and individual investors Ron Conway and Michael Birch.

Details: Operates a real-time search engine. The company was founded through Y-Combinator.

SnapLogic Inc.

San Mateo, Calif.


Amount/Round: $2.3M/A

Investors: Andreessen Horowitz, Maples Investments and individual investors Naval Ravikant (co-founder of Epinions) and Brian McClendon (vice president of engineering at Google).

Details: Operates an open source Internet data services solution for data integration.


DataLogix Inc.

Westminster, Colo.


Amount/Round: $15M/NA

Investors: General Catalyst Partners.

Details: Provides direct and interactive marketing services for the retail catalog industry. The undisclosed recap round will cash out existing backer Wolf Ventures, while Sequel Ventures will roll over at least part of its equity. The company, f.k.a. NextActionTM, previously raised about $8M.


Emeryville, Calif.


Amount/Round: $2.16M/NA

Investors: NA

Details: Provides website publishing and online advertising solution.

ScanScout Inc.

Cambridge, Mass.


Amount/Round: $8.5M/B

Investors: EDB Investments, Catalyst Partners, First Round Capital, Time Warner and individual investor Ron Conway.

Details: Develops software for inserting contextual advertising into Internet video.


CorNova Inc.

Burlington, Mass.


Amount/Round: $3M/NA

Investors: Siemens Venture Capital GmbH.

Details: Develops endovascular products. Past backers have included CardioTech International Inc. and Implant Sciences Corp.


Cambrios Technologies Corp.

Mountain View, Calif.


Amount/Round: $9M/D

Investors: Sumitomo Corp., Chisso Corp., Nissha Printing Co., ARCH Venture Partners, Alloy Ventures, Oxford Bioscience Partners, Harris & Harris Group, Altitude Life Science Ventures, Presidio Ventures, Mitsubishi UFJ Capital, In-Q-Tel, Avalon Ventures, Lux Capital, Kidron LLC, Headland Ventures and Alexandria Real Estate Equities.

Details: Develops electronic materials for the display industry. The funding is the first close of a guaranteed $14.5M Series D round.


Bellicum Pharmaceuticals Inc.



Amount/Round: $4.5M/A

Investors: NA

Details: Develops drugs focused on prostate cancer. The company has now raised $8.5M in total funding, including$1.45M from the Texas Emerging Technology Fund.


Lexington, Mass.


Amount/Round: $30.2M/B

Investors: Arch Venture Partners (co-led), Novartis Bioventures Fund (co-led), Polaris Venture Partners and 5AM Ventures.

Details: Develops treatments for infectious and progressive respiratory diseases. The company previously raised $14.5M in funding. The company recently also received a $2.2M grant from the National Institute of Allergy and Infectious Diseases. Steven Gillis, managing director of ARCH Venture Partners, and Lauren Silverman, managing director of Novartis, have joined the board.

Virdante Pharmaceuticals Inc.

Cambridge, Mass.


Amount/Round: $43.75M/A

Investors: Thomas, McNerney & Partners (led), Osage Partners, Clarus Ventures, Venrock, MedImmune Ventures and Biogen Idec New Ventures.

Details: Develops treatments for autoimmune and inflammatory disorders. The funding expands the Series A round to $47.75M.


Intelleflex Corp.

Santa Clara, Calif.


Amount/Round: $8M/A

Investors: New Venture Partners, Arcapita Ventures, Morgenthaler Ventures and The Woodside Fund.

Details: Provides RFID solutions. Prior to the Series A recap round, the company raised about $50M in VC funding since 2004.


Link A Media Devices Corp.

Santa Clara, Calif.


Amount/Round: $18M/A

Investors: Lightspeed Venture Partners (led), Itochu Technology Ventures, Keynote Ventures and SunAmerica Ventures.

Details: Develops System on Chip solutions for the data storage market. The funding was called a Series A round, but the company early last year raised $22M in funding.



Bethesda, Md.


Amount/Round: NA/NA

Investors: Almaz Capital Partners.

Details: Provides software-as-a-service for enterprise resource planning and customer relationship management processes. Almaz Capital raised its $30M debut fund, lmaz Capital Russia Fund I, last year entirely from Cisco Systems.

CubeTree Inc.

Redwood City, Calif.


Amount/Round: $8M/B

Investors: InterWest Partners (led), Trinity Ventures.

Details: Develops enterprise collaboration software built on a social networking platform.

Onehub Inc.

Bellevue, Wash.


Amount/Round: $1.3M/A

Investors: Ignition Partners and individual investors.

Details: Provides Web-based collaboration and file sharing software. The company previously raised seed funding from Ignition Partners.


10gen Inc.

New York


Amount/Round: $3.4M/B

Investors: Flybridge Capital Partners (led) and Union Square Ventures.

Details: Develops an open-source, non-relational database called MongoDB.

Data Robotics Inc.

Santa Clara, Calif.


Amount/Round: $10M/E

Investors: Focus Ventures (led), Greylock Partners, New Enterprise Associates, RRE Ventures and Sutter Hill Ventures.

Details: Develops automated data storage products. The company had previously raised $43M in funding since 2005.


Bling Nation

Palo Alto, Calif.


Amount/Round: $20M/B

Investors: Balderton Capital (led), CampVentures, Lightspeed Venture Partners and Meck Ltd.

Details: Provides mobile payment solutions for community banks. The company previously raised an $8M Series A round last year.