Adimab Inc.
Lebanon, N.H.
www.adimab.com
Amount/Round: $8.2M/D
Investors: Google Ventures (led), OrbiMed Advisors, Borealis Ventures, Polaris Venture Partners and SV Life Sciences.
Details: Develops a human antibody discovery platform in yeast. The company previously raised about $13.5M in funding.
CLEANTECH
Achates Power Inc.
San Diego
www.achatespower.com
Amount/Round: $12M/NA
Investors: Sequoia Capital, Madrone Capital Partners, Rockport Capital Partners and InterWest Partners.
Details: Develops fuel-efficient engine technology. The funding is the first close of a $20M funding round, according to a regulatory filing.
Liquid Environmental Solutions
Dallas
www.liquidenviro.com
Amount/Round: $20M/NA
Investors: Craton Equity Partners.
Details: Provides non-hazardous liquid waste collection and treatment services. The company also has an office in San Diego.
ECOMMERCE
eCommLink
Las Vegas
www.ecommlink.com
Amount/Round: $10M/NA
Investors: Syntek Capital.
Details: Provides prepaid debit card processing.
QSecure Inc.
Los Altos, Calif.
www.qsecure.com
Amount/Round: $10M/D
Investors: Worldview Technology Partners, Allegis Capital, UMC Capital, and Société Générale.
Details: Provides a payment platform. The company previously raised $27.25M in funding.
EDUCATION
Carnegie Speech Co.
Pittsburgh
www.carnegiespeech.com
Amount/Round: $2.2M/A
Investors: In-Q-Tel.
Details: Develops software for assessing and teaching spoken language skills. The company previously raised $6M from Osage Ventures.
EnglishCentral
Lexington, Mass.
www.englishcentral.com
Amount/Round: NA/seed
Investors: Atlas Venture and Google Ventures.
Details: Operates an English learning website for the Asian market. The company also has an office in Tokyo.
INTERNET MARKETING & ANALYTICS
Bluefin Labs
Somerville, Mass.
www.bluefinlab.com
Amount/Round: NA/seed
Investors: Kepha Partners.
Details: Develops technology for analyzing and indexing sports video. The company also has secured about $500K in SBIR grants. Co-founder Michael Fleischman developed the technology behind the company while at MIT Media Lab.
Next Big Sound Inc.
Boulder, Colo.
www.nextbigsound.com
Amount/Round: $585K/seed
Investors: Foundry Group.
Details: Provides online music analytics to track the popularity of bands. A regulatory filing indicates the round is targeted at just over $1M.
Visible Measures Corp.
Boston
www.visiblemeasures.com
Amount/Round: NA/C
Investors: DAG Ventures.
Details: Provides online video analytics. The company previously held a $10M first close on the round from Northgate Capital, General Catalyst Partners and Mohr Davidow Ventures.
Yext
New York
www.yext.com
Amount/Round: $25M/NA
Investors: Institutional Venture Partners (led) and Sutter Hill Ventures.
Details: Provides local Internet advertising services. The company was founded in 2006 and previously raised funding from Sutter Hill.
GAMING & ENTERTAINMEN
PopCap Games
Seattle
www.popcap.com
Amount/Round: $22.5M/NA
Investors: Meritech Capital Partners (led) and individual investors Larry Bowman and John McCaw.
Details: Develops video games, such as Bejeweled, Peggle and Plants vs. Zombies, for multiple platforms.
MED TECH
ABT Molecular Imaging
Knoxville, Tenn.
URL NA
Amount/Round: $9M/A
Investors: Intersouth Partners (led) and individual investors.
Details: Develops a production platform to generate unit doses of molecular imaging drugs.
Accumetrics Inc.
San Diego
www.accumetrics.com
Amount/Round: $16.5M/NA
Investors: Arnerich Massena, BBT Fund/Apothecary Capital, Essex Woodlands Health Ventures, Kaiser Permanente Ventures and RiverVest Venture Partners.
Details: Provides a diagnostic system for measuring an individual’s response to multiple antiplatelet agents. The company previously raised more than $85M in funding. Chairman Tony Arnerich is the largest shareholder in the company.
Blue Belt Technologies Inc.
Pittsburgh
www.bluebelttech.com
Amount/Round: $2.4M/A
Investors: Pittsburgh Life Sciences Greenhouse and Innovation Works.
Details: Develops instruments for use in orthopedic and neurosurgery procedures. The company is a spin-off from Carnegie Mellon University.
Direct Flow Medical Inc.
Santa Rosa, Calif.
www.directflowmedical.com
Amount/Round: $40M/C
Investors: NA
Details: Develops a minimally invasive implant to treat heart valve disease. The funding is the first close of a $42.5M round, according to a regulatory filing. The company previously raised about $35M from Johnson & Johnson Development Corp., Foundation Medical Partners, VantagePoint Venture Partners, ePlanet Ventures, EDF Ventures, New Leaf Venture Partners and Spray Venture Partners.
Molecular Detection Inc.
Wayne, Penn.
www.detect-ready.com
Amount/Round: $3.3M/C
Investors: MentorTech Ventures (led), Ben Franklin Technology Partners, Robin Hood Ventures and the Mid-Atlantic Angel Group.
Details: Develops assay technology for diagnosing infectious diseases. Peter Linder, chairman of the executive committee of the Mid-Atlantic Angel Group, has joined the board. The company also has offices in Jerusalem, Israel.
ThermalTherapeutic Systems Inc.
Pittsburgh
www.thermaltherapeutics.com
Amount/Round: $2.75M/A
Investors: Originate Ventures (led), Pittsburgh Life Sciences Greenhouse and Innovation Works.
Details: Develops portable hyperthermic perfusion system to raise the temperature of the thoracic or peritoneal cavity.
TransEnterix Inc.
Durham, N.C.
www.spidersurgery.com
Amount/Round: $55M/B
Investors: Aisling Capital (led), Intersouth Partners, Quaker BioVentures, SV Life Science Advisers, Synergy Life Science Partners and Parish Capital Advisors.
Details: Develops less-invasive tools and techniques for gastro-intestinal surgical procedures. Dr. Andrew Schiff, a managing partner with Aisling, Dr. Garheng Kong, a general partner with Intersouth, and Dr. Matt Rieke, a partner with Quaker, have joined the board.
SEMICONDUCTORS
Peraso Technologies Inc.
Toronto
www.perasotech.com
Amount/Round: C$10M/A
Investors: Celtic House Venture Partners, iNovia Capital and VentureLink Funds.
Details: A fabless semiconductor company focused on the development of multi-gigabit, millimeter-wave transceivers.
SOFTWARE
Causata
San Francisco
www.causata.com
Amount/Round: $4.5M/A
Investors: Accel Partners.
Details: Develops software for optimizing customer experience and business results. The round closed in April, according to a recent regulatory filing. Causata founder Paul Phillips previously founded TouchClarity, which was sold to Omniture for $48.5M in 2007.
DataSync Corp.
Sioux Falls, S.D.
www.datasyncsuite.com
Amount/Round: $1.2M/A
Investors: Rain Source Capital.
Details: Develops a software platform for business applications.
Preparis
Atlanta
www.preparis.com
Amount/Round: $4.6M/NA
Investors: Fulcrum Ventures.
Details: Develops workforce software to help in disaster preparedness.
Racemi Inc.
Atlanta
www.racemi.com
Amount/Round: $2.5M/NA
Investors: Gray Ghost Ventures.
Details: Provides image-based provisioning software to automate data center operations. Serial entrepreneur Lawrence Guillory, who has been with the company since March 2008, was named CEO.
SANpulse Technologies
Jersey City, N.J.
www.SANpulse.com
Amount/Round: $5M/NA
Investors: Edison Venture Fund.
Details: Provides enterprise infrastructure software and services.
Vico Software
Boulder, Colo.
www.vicosoftware.com
Amount/Round: $3.6M/B
Investors: Borealis Ventures, Highway 12 Ventures, and Village Ventures.
Details: Develops software for the building and construction industries.
STORAGE
Xiotech Corp.
Eden Prairie, Minn.
www.xiotech.com
Amount/Round: $10M/NA
Investors: NA
Details: Provides data storage and business continuity solutions. In addition to the new equity funding, the company also secured $10M in debt funding. The company previously raised more than $160M in VC funding, including a 2002 recap led by Oak Investment Partners. In other Xiotech news, the company has named former EMC executive Alan Atkinson as its new CEO.
VIDEO
Blackwave
Acton, Mass.
www.blackwave.tv
Amount/Round: $7M/C
Investors: Globespan Capital Partners, Flybridge Capital Partners and Sigma Partners.
Details: Provides online video storage and delivery infrastructure. The company has now raised more than $29M in total VC funding.