GlycoMimetics Inc.
Gaithersburg, Md.
www.glycomimetics.com
Amount/Round: $38M/C
Investors: Genzyme Ventures, New Enterprise Associates, The Novartis Venture Fund, Anthem Capital and Alliance Technology Ventures.
Details: Develops glycobiology-based therapies to treat inflammatory and infectious diseases. The company previously raised about $25M in funding.
COMMUNICATIONS
Tower Cloud Inc.
St. Petersburg, Fla.
www.towercloud.com
Amount/Round: $20M/NA
Investors: El Dorado Ventures, Sutter Hill Ventures and an investor group led by telecom entrepreneur Cam Lanier.
Details: Provides broadband connectivity on a fiber optic or other similar high speed communications/data network. The company has now raised $30M in funding. The new investor group includes Ballast Point Ventures, Kinetic Ventures, Knology Inc., ITC Partners Fund, Noro-Moseley Partners, and The Burton Partnership.
CONSUMER INTERNET
HealthGuru Media
New York
www.healthguru.com
Amount/Round: $3.2M/C
Investors: Castile Ventures (led) and Village Ventures.
Details: Operates a health-oriented website for 18- to 40-year-olds. Skip Besthoff, general partner of Castile, has joined the board.
Quidsi Inc.
Montclair, N.J.
www.diapers.com
Amount/Round: $30M/E
Investors: New Enterprise Associates (led), Accel Partners, Bessemer Venture Partners and MentorTech Ventures.
Details: Parent company of Diapers.com, which sells baby care necessities online. The company has now raised $41M since 2006.
RiseSmart
San Jose, Calif.
www.risesmart.com
Amount/Round: $4.6M/A
Investors: Storm Ventures (led) and Norwest Venture Partners.
Details: Provides online outplacement and job search services. The company previously raised $4.25M from Norwest and individual investors. Sanjay Subhedar, managing director of Storm Ventures, has joined the board.
Technorati Inc.
San Francisco
www.technorati.com
Amount/Round: $2M/D
Investors: Draper Fisher Jurvetson and Mobius Venture Capital.
Details: Operates a search engine for blog content. The company previously held a $7.5M first close on the Series D round in summer 2008. TechCrunch reports that the extension came from return backers although there was no mention of existing shareholder August Capital. Technorati had previously raised about $30M in funding.
ECOMMERCE
Giftango
Portland, Ore.
www.giftango.com
Amount/Round: $1.4M/A
Investors: Oregon Angel Fund and individual investors.
Details: Develops a software-as-a-service platform that allows merchants to send gift cards or certificates to mobile phones.
INTERNET MARKETING
Ad.ly
Los Angeles
www.ad.ly
Amount/Round: $500K/A
Investors: NA
Details: Provides in-stream advertising on Twitter. Mark Suster of GRP Partners is listed as a board member. The company was started by Sean Rad, a 23-year-old entrepreneur.
Audience Science Inc.
New York
www.audiencescience.com
Amount/Round: $15M/
Investors: Mayfield Fund, Mohr Davidow Ventures, Meritech Capital Partners and Integral Capital Partners.
Details: Provides behaviorally targeted audiences for Internet advertising. The funding is part of a $20M round, according to a regulatory filing. The company has now raised about $97M in funding since 2000.
Chango
Toronto
www.chango.com
Amount/Round: $750K/A
Investors: iNovia Capital (led) and Extreme Venture Partners.
Details: Provides online advertising solutions. The company is planning a launch in November.
HubSpot Inc.
Cambridge, Mass.
www.hubspot.com
Amount/Round: $16M/C
Investors: Scale Venture Partners (led), Matrix Partners and General Catalyst Partners.
Details: Provides Internet marketing services for small and medium enterprises. The company previously raised $17M in funding.
Sometrics Inc.
Los Angeles
www.sometrics.com
Amount/Round: NA/B
Investors: Steamboat Ventures (led), Greycroft Partners and the Mail Room Fund.
Details: Provides analytics focused on social networking platforms. The company previously raised about $25K from Greycroft in 2008.
MED TECH
Lux Biosciences Inc.
Jersey City, N.J.
www.luxbio.com
Amount/Round: $50M/B
Investors: HBM Bioventures, Novo A/S, Prospect Venture Partners and SV Life Sciences.
Details: Develops treatments for ophthalmic diseases. The company had raised a $49M Series A round in 2006.
Vertos Medical Inc.
Aliso Viejo, Calif.
www.vertosmed.com
Amount/Round: $15.5M/D
Investors: Onset Ventures (led), CHL Medical Partners, Foundation Medical Partners, Aweida Venture Partners and DFJ Mercury.
Details: Develops minimally invasive devices for lumbar spine decompression. The company has now raised more than $32M in funding since 2005. ONSET Venture Partner John Ryan has joined the board.
PHARMACEUTICALS
Endocyte Inc.
West Lafayette, Ind.
www.endocyte.com
Amount/Round: $26M/C
Investors: Clarian Health Ventures, Sanderling Ventures, Burrill & Co., American Bailey Ventures, Blue Chip Venture Co. and Triathlon Medical Ventures.
Details: Develops treatment for cancer and autoimmune diseases. The company has now raised about $71M in total VC funding since 2001.
Flexion Therapeutics
Woburn, Mass.
www.flexiontherapeutics.com
Amount/Round: $33M/A
Investors: Versant Ventures (led), 5AM Ventures and Sofinnova Ventures.
Details: A drug development startup. The company was founded in 2007 by Chorus co-founders Mike Clayman and Neil Bodick.
Synageva BioPharma Corp.
Waltham, Mass.
www.synageva.com
Amount/Round: $12M/F
Investors: New Leaf Venture Partners, Hunt BioVentures, Yasuda Enterprise Development, Baker Brothers Investments, Tullis Dickerson and Four Partners.
Details: Develops protein therapeutics to treat various diseases. The funding brings the round total to $45M.
The company has now raised about $95M in funding.
Tarsa Therapeutics Inc.
Philadelphia
www.tarsatherapeutics.com
Amount/Round: $24M/A
Investors: MVM Life Science Partners (led), Quaker BioVentures and Novo AS.
Details: Develops an oral formulation of calcitonin, a peptide hormone for the treatment of osteoporosis that slows the rate of bone destruction.
SEMICONDUCTORS
Canesta Inc.
Sunnyvale, Calif.
www.canesta.com
Amount/Round: $16M/E
Investors: Quanta Computing, SMSC, Carlyle Growth Partners, Hotung Venture Group and Venrock.
Details: Develops 3D-image, electronic perception technology for automobiles. The company previously raised about $73M in funding.
SECURITY
Damballa Inc.
Atlanta
www.damballa.com
Amount/Round: $8M/NA
Investors: Palomar Ventures, InterWest Partners and Sigma Partners.
Details: Develops Internet security software focused on “bot armies,” which are made of computers that have been hijacked without the knowledge of the users. The company has now raised more than $16M in funding since 2006.
RedSeal Systems Inc.
San Mateo, Calif.
www.redseal.net
Amount/Round: $12M/NA
Investors: OVP Venture Partners (led), Venrock, Jafco Ventures, Sutter Hill Ventures and Leapfrog Ventures.
Details: Develops security management software. The company has now raised more than $43M in total VC funding since 2004. Mark Ashida, managing director at OVP, has joined the board.
SOFTWARE
Copanion Inc.
Andover, Md.
www.copanion.com
Amount/Round: $10.2M/B
Investors: Commonwealth Capital Ventures and Pilot House Ventures.
Details: Develops productivity software solutions for the accounting industry. The company has now raised more than $21M in funding from Commonwealth and Pilot House.
Jive Software Inc.
Portland, Ore.
www.jivesoftware.com
Amount/Round: $12M/B
Investors: Sequoia Capital.
Details: Develops social business collaboration software. The company previously raised a $15M round from Sequoia in 2007.
REvolution Computing
Palo Alto, Calif.
www.revolution-computing.com
Amount/Round: $9M/NA
Investors: Intel Capital and Northbridge Venture Partners.
Details: Develops software for statistical computing language. The company has now raised $11M in funding from Intel Capital and Northbridge.
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