Week in deals, Sept. 14, 2009

CLEANTECH

CFX Battery Inc.

Pasadena, Calif.

www.cfxbattery.com

Amount/Round: $5M/B

Investors: NA

Details: Develops primary and rechargeable batteries enabled by nanotechnology. The funding is the first close of a $27M Series B round, according to a regulatory filing. The company previously raised more than $15.1M from CMEA Ventures, Harris & Harris

ClearEdge Power

Hillsboro, Ore.

www.clearedgepower.com

Amount/Round: $15M/E

Investors: Applied Ventures, Big Basin Ventures and the Kohlberg family.

Details: Develops fuel cells. The company previously raised about $30M in funding.

Glacier Bay Inc.

Union City, Calif.

www.glacierbay.com

Amount/Round: $10M/C

Investors: The Westly Group (led), Quercus Trust and New Enterprise Associates.

Details: Develops thermal management technologies. The company previously raised more than $30M in funding.

WoodPellets.com

Goffstown, N.H.

www.woodpellets.com

Amount/Round: $11M/B

Investors: Monitor Clipper Partners (led) and .406 Ventures.

Details: Operates an online retail site providing wood pellets and biomass fuels for residential heating. The company previously raised a $4M Series A round, led by .406, when it was formerly known as American Biomass Corp.

COMMUNICATIONS

Calix Networks Inc.

Petaluma, Calif.

www.calix.com

Amount/Round: $50M/NA

Investors: Foundation Capital and undisclosed investors.

Details: Develops communications equipment. The company also raised $50M in new debt financing from Silicon Valley Bank. The company had previously raised more than $220M in VC funding from Foundation Capital, Credit Suisse, Kinetic Ventures, Menlo Ventures, Meritech Capital Partners, Redpoint Ventures, TeleSoft Partners, Azure Capital Partners, Contrarian Capital Management and Integral Capital Partners.

CONSUMER INTERNET

MOG

Berkeley, Calif.

www.mog.com

Amount/Round: $5M/NA

Investors: Menlo Ventures (led), Simon Equity Partners and Scott Jones.

Details: Operates an online music community and blog network. The company previously raised about $5.75M.

MyShape

Pasadena, Calif.

www.myshape.com

Amount/Round: $10.6M/C

Investors: Draper Fisher Jurvetson, Tenaya Capital and Tech Coast Angels.

Details: Operates an online apparel retailer. The company has now raised nearly $30M in funding since 2006.

Sittercity.com

Chicago

www.sittercity.com

Amount/Round: NA/NA

Investors: Individual investors Matt McCall (from New World Ventures), Brian Hand (Timelines co-founder) and the I2A Fund.

Details: Operates a website that matches individuals and families with child care. The company previously raised a $7.5M Series A round from Point Judith Capital and Apex Venture Partners.

Vinfolio Inc.

San Francisco

www.vinfolio.com

Amount/Round: $4.5M/A

Investors: Panorama Capital.

Details: Operates an online wine marketplace. Shahan Soghikian, a managing director at Panoroma, has joined the board alongside Vinfolio Chairman Jean-Michel Valette (who’s also former chairman at Robert Mondavi Winery); Colin Lind, managing partner at Blum Capital Partners; and William Timken, one of the founding partners of Hambrecht & Quist.

HEALTH CARE

Medsphere Systems Corp.

Carlsbad, Calif.

www.medsphere.com

Amount/Round: $12M/NA

Investors: Azure Capital Partners, Epic Ventures, Thomas Weisel Venture Partners and Western Technology Investment.

Details: Develops open-source health care enterprise solutions, such as for electronic health records management. The funding included equity and debt financing.

INTERNET

MashLogic

Menlo Park, Calif.

www.mashlogic.com

Amount/Round: $2.5M/NA

Investors: Bessemer Venture Partners and New Enterprise Associates.

Details: Develops a browser extension that provides contextual information on websites. Kittu Kolluri, a partner with New Enterprise Associates, has joined the board. MashLogic announced in early June that it had raised $500K in angel funding from Bessemer and individual investors Scott Kurnit, Reid Hoffman, Gil Penchina and Jeff Clavier.

OneRiot

Boulder, Colo.

www.oneriot.com

Amount/Round: $5.7M/C

Investors: Commonwealth Capital Ventures, Spark Capital and Appian Ventures.

Details: Develops a social search engine. The funding is the first close of an expected $7M Series C round, according to a regulatory filing.

MED TECH

Athena Feminine Technologies

Emeryville, Calif.

www.athenaft.com

Amount/Round: $2M/A

Investors: vSpring Capital.

Details: Makes a device to treat female incontinence.

CardioMEMS Inc.

Atlanta

www.cardiomems.com

Amount/Round: $22.1M/F

Investors: Boston Millennia Partners, Foundation Medical Partners and Arcapita Ventures.

Details: Develops wireless medical pressure sensors. The company previously raised about $85M from Boston Millennia, Foundation Medical, Arcapita, Medtronic, Easton Capital Partners, Arboretum Ventures, Deerfield Capital Management, Vision Capital

Advisors, Aperture Venture Partners and Rockport Venture Securities.

Daktari Diagnostics Inc.

Boston

www.daktaridx.com

Amount/Round: $2.8M/A

Investors: Partners Innovation Fund, Mass Medical Angels, Norwich Ventures, Launchpad Venture Group, Hub Angels Investment Group and Boston Harbor Angels.

Details: Develops point-of-care diagnostics for infectious diseases.

iWalk

Cambridge, Mass.

www.iwalkpro.com

Amount/Round: $20M/NA

Investors: General Catalyst Partners and WFD Ventures.

Details: Develops wearable devices for human augmentation. General Catalyst Partners Partner John Simon has joined the board. Other board members include William Doyle of WFD Ventures and William Sahlman of the Harvard Business School. No longer listed is iWalk co-founder Nicholas Negroponte. The company’s initial device is called the PowerFoot One, and is a self-contained robotic system that serves as a prosthetic ankle and foot for amputees.

Neuronetics Inc.

Malvern, Penn.

www.neuronetics.com

Amount/Round: $30M/D

Investors: New Leaf Venture Partners (led), Investor Growth Capital, Quaker BioVentures, Three Arch Partners, Onset Ventures, Interwest Partners and KBL Healthcare Ventures.

Details: Develops medical devices for the treatment of chronic psychiatric disorders and other neurologic diseases. The company previously raised $62.5M in funding.

PinPointe USA Inc.

Chico, Calif.

www.pinpointeUSA.com

Amount/Round: NA/NA

Investors: Western Technology Investment.

Details: Develops laser-enabled devices to address onychomycosis and other footcare issues.

ValenTx Inc.

Carpinteria, Calif.

www.valentx.com

Amount/Round: $20M/NA

Investors: Affinity Capital Management, EDF Ventures, Kaiser Permanente Ventures, Sapient Capital Management, SV Life Sciences Advisers and TGap Ventures.

Details: Develops minimally invasive treatments for morbid obesity. The company previously raised about $7M in funding.

SEMICONDUCTORS

Black Sand Technologies Inc.

Austin, Texas

www.blacksand.com

Amount/Round: $10M/B

Investors: Austin Ventures

Details: Develops mixed-signal semiconductors. The company previously raised more than $8M from Austin Ventures and North Bridge Venture Partners.

Fluidigm Corp.

South San Francisco

www.fluidigm.com

Amount/Round: $10M/NA

Investors: Alloy Ventures, EuclidSR Partners and Versant Ventures.

Details: Provides integrated fluidic circuits for the life sciences market. The financing comes about one year after the company canceled a planned IPO, which was designed to raise upwards of $85M. The company previously raised nearly $200M in total VC funding since 1999 from Alloy Ventures, EuclidSR, Versant Ventures, Bio*One Capital, InterWest Partners, InterWest Venture Partners and Lilly Ventures.

SOFTWARE

Coupa Software Inc.

San Mateo, Calif.

www.coupa.com

Amount/Round: $7.5M/C

Investors: El Dorado Ventures (led), Blue Run Ventures and Battery Ventures.

Details: Develops e-procurement software. The company previously raised about $7.1M in funding.

FolioDynamix

New York

www.foliodynamix.com

Amount/Round: $2.2M/NA

Investors: Edison Venture Fund.

Details: Develops software for the wealth management market. The company previously raised about $7.5M in funding.

Queplix Corp.

Sunnyvale, Calif.

www.queplix.com

Amount/Round: $1.5M/A

Investors: Javelin Venture Partners.

Details: Develops physical-to-cloud migration for legacy enterprise applications.

Virtustream Inc.

Bethesda, Md.

www.virtustream.net

Amount/Round: $25M/NA

Investors: Columbia Capital and Blue Lagoon Capital.

Details: Develops virtualization technology platform for infrastructure services. The company also has offices in the United Kingdom.

STORAGE

Copan Systems

Longmont, Colo.

www.copansystems.com

Amount/Round: $3M/NA

Investors: Westbury Partners and FirstMark Capital.

Details: Develops data storage solutions. The funding is the first close of a $6.24M funding round, according to a regulatory filing. The company previously raised more than $100M from Austin Ventures, Globespan Capital Partners, FirstMark Capital, Westbury Partners and Credit Suisse. Battery Ventures also is a past backer, but did not participate in an $18.5M round earlier this year.

WIRELESS COMMUNICATIONS

Greystripe

San Francisco

www.greystripe.com

Amount/Round: $2M/C

Investors: Peacock Equity Fund, a venture unit of NBC Universal.

Details: Operates an ad network for games and applications provided on mobile phones, including the iPhone. The funding is an extension of a round that held a $5.5M first close earlier this year from Incubic Venture Capital, Monitor Ventures and Steamboat Ventures.

SkyFire Labs

Mountain View, Calif.

www.skyfire.com

Amount/Round: $5M/C

Investors: NA

Details: Develops mobile Web browsers. The company previously raised $17.8M from Lightspeed Venture Partners, Matrix Partners and Trinity Ventures.