CellPoint Diagnostics Inc.
Richmond, Va.
www.cellpointdiagnostics.com
Amount/Round: $11.2M/A
Investors: Northgate Capital Group, Mohr Davidow Ventures.
Details: Provides cancer diagnostics. The company had raised an $8.5M Series A round late last year.
Mendel Biotechnology Inc.
Hayward, Calif.
www.mendelbio.com
Amount/Round: NA/NA
Investors: ZBI Ventures, Capricorn Investment Group, CFM, Monsanto.
Details: Researches plant genes for use in bioenergy and feedstock. The company previously raised $6M in 2002.
Orasi Medical Inc.
Minneapolis
www.orasimedical.com
Amount/Round: $2.4M/A
Investors: PrairieGold Venture Partners (led), CentreStone Ventures and individual investors Kenneth Heithoff (founder of the Center for Diagnostic Imaging), Glen Nelson (former vice chairman of Medtronic) and Mark Wagner (chairman of Orasi).
Details: Provides neurological diagnostics.
Rules-Based Medicine Inc.
Austin, Texas
www.rbmmaps.com
Amount/Round: $25M/A
Investors: Equity Group Investments (led), Cross Creek Capital, Stephens Capital Partners.
Details: Provides biomarker laboratory testing services. Matt Zell, director of Equity Group, has joined the board.
Xcellerex Inc.
Marlborough, Mass.
www.xcellerex.com
Amount/Round: $31M/C
Investors: VantagePoint Venture Partners (led), Kleiner Perkins Caufield and Byers, SCG Investments.
Details: Provides contract services for the production of biomolecules, including biotherapeutics and vaccines. It previously had raised about $14M.
CLEANTECH
InnovaLight Inc.
Santa Clara, Calif.
www.innovalight.com
Amount/Round: $28M/C
Investors: Convexa Capital (led), Skate AS, Apax Partners, ARCH Venture Partners, Harris & Harris Group, Sevin Rosen Funds, Triton Ventures.
Details: Develops lighting based on its silicon nanocrystals. The company has now raised around $42 million in total VC funding.
SmartSpark Energy Systems Inc.
Campaign, Ill.
www.smartsparkenergy.com
Amount/Round: NA/A
Investors: Battery Ventures
Details: A power electronics company focused on the efficient transformation of power used in renewable energy technologies. Battery Partner Jason Matlof has joined the board.
Stonybrook Water Purification Inc.
Setauket, N.Y.
www.stonybrook-water.com
Amount/Round: $4.1M/A
Investors: Battery Ventures (led), TianDi Growth Partners, Modern Water PLC, T2 Venture Partners.
Details: Provides water purification services.
COMMUNICATIONS
Mintera Corp.
Acton, Mass.
www.mintera.com
Amount/Round: $19M/C
Investors: Polaris Venture Partners (co-led), RRE Ventures (co-led), JDSU, Court Square Ventures, Star Ventures, Portview Communications Partners.
Details: Provides high bit-rate optical communications systems. The company has now raised more than $73M in total VC funding since 2000.
TokBox
San Francisco
www.tokbox.com
Amount/Round: $4M/A
Investors: Sequoia Capital, individual investors.
Details: Provides video communications to make video calls.
HEALTH CARE
MediKeeper
San Diego
www.medikeeper.com
Amount/Round: NA/A
Investors: PacifiCap.
Details: Provides technology solutions to make medical records secure, mobile and accessible online. The company is establishing a research and development lab in Hawaii, where PacifiCap is based.
INTERNET
Eloqua Corp.
Toronto
www.eloqua.com
Amount/Round: $23M/C
Investors: Bessemer Venture Partners (led), Bay Partners, JMKI Equity.
Details: Provides Internet marketing services. The company previously raised about $18M.
Mint
San Francisco
www.mint.com
Amount/Round: $4.7M/A
Investors: Shasta Ventures (led), First Round Capital and individual investors, such as Ram Shriram, a founding board member of Google.
Details: Provides online personal money management services.
The New Orleans Exchange
New Orleans
www.receivablesxchange.com
Amount/Round: $4M/A
Investors: Prism VentureWorks.
Details: Operates an online exchange for companies to buy and sell assets. The company was co-founded by Justin Brownhill, former executive with Lava Trading, and Nicolas Perkin, former vice president of global business development for Massive Inc.
YuMe
Redwood City, Calif.
www.yume.com
Amount/Round: $9M/B
Investors: DAG Ventures, Accel Partners, BV Capital, Khosla Ventures.
Details: Provides online video advertising solutions.
MEDIA
BlackArrow Inc.
New York
www.blackarrow.tv
Amount/Round: $12M/B
Investors: Cisco Systems, Comcast Interactive Capital, Intel Corp., Mayfield Fund, Polaris Venture Partners.
Details: Provides an ad management system for inserting ads in digital videos. Larry Kramer, a senior advisor to Polaris and founder of MarketWatch, has joined its board.
MEDICAL TECHNOLOGY
Ikonisys Inc.
New Haven, Conn.
www.ikonisys.com
Amount/Round: $30M/C
Investors: Goldman Sachs (led), Lakeview Capital Management, New Science Ventures Palisade Capital, Promark Holding, Saint Simeon Marketing e Investimentos, WHI Group.
Details: Provides cancer and prenatal diagnostics.
Tengion Inc.
East Norriton, Penn.
www.tengion.com
Amount/Round: $33M/C
Investors: Deerfield Partners, Bain Capital Partners, Healthcap Venture Capital, Johnson & Johnson Development Corp., L Capital Partners, Oak Investment Partners, Quaker BioVentures, Scheer & Co.
Details: Develops new human tissues and organs derived from a patient’s cells.
TriReme Medical Inc.
Pleasanton, Calif.
www.threearchpartners.com
Amount/Round: $15.6M/C
Investors: Three Arch Partners (led), Adams Street Partners.
Details: Makes stents and stent delivery systems for vascular lesions.
RESTAURANTS
Pinkberry
Los Angeles
www.pinkberry.com
Amount/Round: $27.5M/A
Investors: Maveron.
Details: Operates a chain of frozen yogurt shops.
SOFTWARE
Agito Networks Inc.
Sunnyvale, Calif.
www.agitonetworks.com
Amount/Round: $9M/A
Investors: Battery Ventures.
Details: Develops enterprise mobility software.
Casero Inc.
Toronto
www.casero.com
Amount/Round: $5.8M/B
Investors: Rembrandt Venture Partners (led), Argo Global Capital Partners, Highland Capital Partners and company co-founders Paul Atkinson and Kevin Kimsa.
Details: Develops software for broadband service providers.
DeviceVM
San Jose, Calif.
www.devicevm.com
Amount/Round: $10M/B
Investors: DFJ Dragon (led), WR Hembrecht Ventures, Presidio STX (Sumitomo’s venture arm), HTC Founders Cher Wang and Chen Wen Chi.
Details: Develops virtualization software for computers. The company had raised a $10.5M Series A round two months ago from Storm Ventures, DFJ Dragon, ASUS, iDInnovations (Acer), Harbinger (Mitac-Synnex) and individual investors.
Infusion Software Inc.
Phoenix
www.infusionsoft.com
Amount/Round: $9M/A
Investors: Mohr Davidow Ventures.
Details: Provides CRM software for small businesses.
Leads360 Inc.
Los Angeles
www.leads360.com
Amount/Round: $3.25M/A
Investors: Rustic Canyon Partners.
Details: Provides on-demand customer acquisition and lead management software. John Babcock of Rustic Canyon has joined the board.
PacketTrap Inc.
San Francisco
www.packettrap.com
Amount/Round: $5M/A
Investors: August Capital (led), individual investors.
Details: Provides network management software.
Penguin Computing
San Francisco
www.penguincomputing.com
Amount/Round: $3.1M/C
Investors: vSpring Capital, San Francisco Equity Partners, Weber Capital, Convergence Partners.
Details: Develops computer systems and cluster management software. The company has raised about $35M in funding since 2000.
TECHNOLOGY
LiveScribe
Oakland, Calif.
www.livescribe.com
Amount/Round: $22M/A
Investors: VantagePoint Venture Partners.
Details: Develops smart pen systems that transfer written notes to a computer file. The company expects to launch the product in the first quarter of 2008.
TPI Composites Inc.
Warren, R.I.
www.tpicomposites.com
Amount/Round: $22M/A
Investors: NGP Energy Technology Partners (led), Angeleno Group, Landmark Growth Capital Partners.
Details: Makes large-scale composite structures for the wind energy, transportation and military vehicle markets. The company, founded in 1968, was bought for an undisclosed price by Landmark Growth Capital Partners in 2004.
WeatherBill
San Francisco
www.weatherbill.com
Amount/Round: $12.5M/A
Investors: New Enterprise Associates (co-led), Index Ventures (co-led), Allen & Co., Atomico Investments, First Round Capital and individual investors.
Details: Provides weather risk management services. The company has now raised $16.8M in total funding. Kittu Kolluri of NEA and Neil Rimer of Index Ventures have joined the board.
WIRELESS COMMUNICATIONS
Bluestreak Technology Inc.
Montreal
www.bluestreaktech.com
Amount/Round: $20M/D
Investors: Iris Capital (led), Tomorrow Group, Solidarity Fund QFL, BDC Venture Capital, First Capital Group.
Details: Develops a platform for mobile phones and digital television.
Firetide Inc.
Los Gatos, Calif.
www.firetide.com
Amount/Round: $14.4M/D
Investors: Coral Capital Management (led), Menlo Ventures.
Details: Provides wireless mesh networking solutions. The company has raised about $46M in total VC funding since 2003. Todd Ortberg, managing director at Coral Capital, has joined the board.
MobiVox
Montreal
www.mobivox.com
Amount/Round: $11M/A
Investors: IDG Ventures Boston (led), IDG Ventures China, IDG Ventures Vietnam, MobiVox, Brightspark Ventures, Skypoint Capital Corp.
Details: Provides free International phone calls from any phone. David Aronoff, general partner of IDG Ventures Boston, has joined the board.
Treemo Inc.
Seattle
www.treemo.com
Amount/Round: $2.5M/A
Investors: JK&B Capital.
Details: Provides services to deliver photos and videos via mobile devices. JK&B Partner Tasha Seitz has joined the board. The company was launched in 2006 with funding from such individual investors as Brett Brewer, co-founder of Intermix Media, Geoff Entress, principal at Madrona Venture Group, Brian Hill, former COO of Mobliss, Jim Judson, senior partner at Davis Wright Tremaine, and Colin Wong, founder and president of Prosperati.
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