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.
Achates Power Inc.
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
Investors: Craton Equity Partners.
Details: Provides non-hazardous liquid waste collection and treatment services. The company also has an office in San Diego.
Investors: Syntek Capital.
Details: Provides prepaid debit card processing.
Los Altos, Calif.
Investors: Worldview Technology Partners, Allegis Capital, UMC Capital, and Société Générale.
Details: Provides a payment platform. The company previously raised $27.25M in funding.
Carnegie Speech Co.
Details: Develops software for assessing and teaching spoken language skills. The company previously raised $6M from Osage Ventures.
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
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.
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.
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.
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
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.
ABT Molecular Imaging
Investors: Intersouth Partners (led) and individual investors.
Details: Develops a production platform to generate unit doses of molecular imaging drugs.
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.
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.
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.
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.
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.
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.
Peraso Technologies Inc.
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.
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.
Sioux Falls, S.D.
Investors: Rain Source Capital.
Details: Develops a software platform for business applications.
Investors: Fulcrum Ventures.
Details: Develops workforce software to help in disaster preparedness.
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.
Jersey City, N.J.
Investors: Edison Venture Fund.
Details: Provides enterprise infrastructure software and services.
Investors: Borealis Ventures, Highway 12 Ventures, and Village Ventures.
Details: Develops software for the building and construction industries.
Eden Prairie, Minn.
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.
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.