Week in deals, Sept. 15, 2008

AUTOMOTIVE

Fisker Automotive Inc.

Irvine, Calif.

www.fiskerautomotive.com

Amount/Round: $65M/NA

Investors: Qatar Investment Authority (led), Kleiner Perkins Caufield & Byers, Palo Alto Investors.

Details: Makes an environment friendly sports car. The company previously raised more than $25M in funding.

CLEANTECH

Eco-Products

Boulder, Colo.

www.ecoproducts.com

Amount/Round: $2M/A

Investors: Greenmont Capital Partners.

Details: Makes biodegradable and compostable food service products.

COMMUNICATIONS

Inlet Technologies

Raleigh, N.C.

www.inlethd.com

Amount/Round: $10M/C

Investors: Core Capital Partners, Technology Venture Partners, TDF, Capitol Broadcasting Co.

Details: Develops encoder technologies for video and other content. The company has now raised $20.5M in total VC funding since 2005.

NeoPhotonics

San Jose, Calif.

www.neophotonics.com

Amount/Round: $30M/NA

Investors: ATA Ventures, Draper Fisher Jurvetson, Oak Investment Partners.

Details: Develops components, using laser-reactive deposition, for the optical communications industry. The company has now raised more than $240M in total VC funding, including a 2004 venture recap round.

CONSUMER INTERNET

Raptr

San Francisco

www.raptr.com

Amount/Round: $12M/A

Investors: Accel Partners, Founders Fund.

Details: Operates a social gaming startup. The company was launched by Dennis Fong, who co-founded XFire, which MTV Networks bought for $110M about three years ago.

TrueCar

Santa Monica, Calif.

www.truecar.com

Amount/Round: NA/A

Investors: Zag.com, Anthem Venture Partners, Global Retail Partners, Capricorn, Capital One Auto Finance, Arcturus Capital.

Details: Operates an online site that provides car-pricing data. The company is run by Scott Painter, founder and ex-CEO of CarsDirect.com, and Tom Taira, co-founder and former chief strategy officer for Zag.com.

ENTERTAINMENT AND RECREATION

Mpowerplayer

Reston, Va.

www.mpowerplayer.com

Amount/Round: $2.5M/A

Investors: New Atlantic Ventures, the Center for Innovative Technology GAP Fund, LaunchBox Digital.

Details: Provider of mobile game technology that allows users to demo games on cell phones.

FOOD SERVICE

Niagara Dispensing Technologies Inc.

Buffalo, N.Y.

www.exactpour.com

Amount/Round: $3.5M/NA

Investors: Rand Capital (led), Regional Development Corp., Empire State Development Small Business Technology Investment Fund.

Details: Makes draft beer dispensing systems.

HEALTH CARE

Aethon Inc.

Pittsburgh

www.aethon.com

Amount/Round: $14.2M/F

Investors: Trident Capital, Draper Triangle Ventures, Salix Ventures, Ascension Health Ventures, Pacific Venture Group.

Details: Develops courier robots to transport hospital goods and supplies. The company has raised nearly $40M in total VC funding since 2000.

mPay Gateway

Minneapolis

www.mpaygateway.com

Amount/Round: $6.8M/B

Investors: GRP Partners, Appian Ventures.

Details: Provides point-of-care patient payment solutions for health care providers.

INTERNET MEDIA/MARKETING

ChannelAdvisor Corp.

Morrisville, N.C.

www.channeladvisor.com

Amount/Round: $20M/D

Investors: New Enterprise Associates (led), Advanced Technology Ventures, Kodiak Venture Partners, eBay, Southern Capitol Ventures.

Details: Provides channel management for retailers and manufacturers. The company has now raised more than $84M in total VC funding.

The Echo Nest Corp.

Somerville, Mass.

www.echonest.com

Amount/Round: NA/A

Investors: Commonwealth Capital Ventures (led) and undisclosed individual investors.

Details: Provides search and marketing solutions to music companies.

Leapfrog Online

Chicago

www.leapfrogonline.com

Amount/Round: $30M/NA

Investors: North Bridge Growth Equity.

Details: Provides online marketing solutions.

Sportgenic

San Francisco

www.sportgenic.com

Amount/Round: $10M/B

Investors: Adams Street Partners (led), Alsop Louie Partners, KPG Ventures, Greycroft Partners.

Details: Operates as a digital media company focused on connecting marketers with sports enthusiasts. The company raised a $3M Series A round late last year. Dave Welsh, partner at Adams Street Partners, has joined the board.

Vibes Media

Chicago

www.vibes.com

Amount/Round: $15M/A

Investors: Fidelity Ventures.

Details: Provides mobile marketing services.

MED TECH

Histogenics Corp.

Waltham, Mass.

www.histogenics.com

Amount/Round: $13.1M/B

Investors: Boston Millennia Partners (led), Foundation Medical Partners, Stryker Corp.

Details: Develops cartilage regeneration technology.

Natrix Separations Inc.

Burlington, Ontario

www.natrixseparations.com.

Amount/Round: $19M/B

Investors: D.E. Shaw Venture Capital (led), Canadian Medical Discoveries Fund (managed by JovInvestment Management), BDC Venture Capital.

Details: Develops disposable chromatography products.

Pathwork Diagnostics

Sunnyvale, Calif.

www.pathworkdx.com

Amount/Round: $20M/B

Investors: Abingworth (led), Advent Venture Partners, Novus Ventures, Prospect Venture Partners, Venrock, Versant Ventures.

Details: Develops molecular diagnostics technology focused on oncology.

NETWORKING

CrossLoop Inc.

Campbell

www.crossloop.com

Amount/Round: $6M/B

Investors: Venrock (led), El Dorado Ventures.

Details: Develops Internet software that allows desktop sharing for computers. Richard Moran, a partner at Venrock, has joined the board.

PHARMACEUTICALS

Aegerion Pharmaceuticals Inc.

Bridgewater, N.J.

www.aegerion.com

Amount/Round: NA/C

Investors: NA

Details: Develops drugs focused on cardiovascular and metabolic disease. The company is currently in registration for an IPO, and previously raised about $40M from Alta Partners, Advent International, Index Ventures, MVM Life Science Partners, Red Abbey Venture Partners and Scheer & Co.

Jennerex Inc.

San Francisco

www.jennerex.com

Amount/Round: $8.3M/B

Investors: NA

Details: Develops treatments for liver cancer. The company also has an office in Ontario, Canada.

Proteolix Inc.

South San Francisco

www.proteolix.com

Amount/Round: $79M/C

Investors: Nomura Phase4 Ventures (led), Westfield Capital Management, Advanced Technology Ventures, Delphi Ventures, Latterell Venture Partners, U.S. Venture Partners, The Vertical Group.

Details: Develops treatments for cancer and autoimmune diseases based on protein degradation pathways. The company had previously raised about $63M.

Sagent Pharmaceuticals Inc.

Schaumberg, Ill.

www.sagentpharma.com

Amount/Round: $30M/A

Investors: Vivo Ventures.

Details: Develops injectable drugs. The company previously held a $53M first close on the Series A round last year from Vivo Ventures.

SECURITY

Guard ID Systems Inc.

San Mateo, Calif.

www.IDVault.com

Amount/Round: $11M/B

Investors: Prism VentureWorks (led), Intersections Inc., Trinity Ventures.

Details: Provides online theft and fraud prevention solutions. Prism Managing Partner Jim Counihan and Intersections CEO Michael Stanfield have joined the board.

SOFTWARE

Inscape Software

Montreal, Quebec

www.inscapesoftware.com

Amount/Round: $7M/B

Investors: Solidarity Fund QFL (led), Rho Canada Ventures, Rho Investment Partners Canada, Garage Technology Ventures Canada.

Details: Develops human resources software.

Pie Digital Inc.

San Francisco

piedigital.com

Amount/Round: NA/A

Investors: The Foundry Group.

Details: Develops home computing equipment and software.

Soasta

Mountain View, Calif.

www.soasta.com

Amount/Round: $6.4M/B

Investors: Formative Ventures (led), Canaan Partners, The Entrepreneurs’ Fund.

Details: Develops cloud-based testing software solutions. The company has now raised about $10.5M since 2006.

Tableau Software

Seattle

www.tableausoftware.com

Amount/Round: $10M/B

Investors: New Enterprise Associates.

Details: Develops analytics and visualization software. The company has now raised $15M from NEA since 2004.

Vanu Inc.

Cambridge, Mass.

www.vanu.com

Amount/Round: $32M/B

Investors: Norwest Venture Partners (led), Charles River Ventures, Tata Ventures

Details: Develops software radio infrastructure solutions for cellular operators.

STORAGE

Carbonite Inc.

Boston

www.carbonite.com

Amount/Round: $20M/C

Investors: Performance Equity (led), Menlo Ventures, 3i, Common Angels Fund.

Details: Provides online data storage and backup services. The company has now raised $47M in total VC funding, including a $15.2M infusion in early 2007 at a PMV of about $58M.

TELECOMMUNICATIONS

Fonality Inc.

Los Angeles

www.fonality.com

Amount/Round: $12M/D

Investors: Draper Fisher Jurvetson Growth Fund (led), Intel Capital.

Details: Provides open-source IP telephony for the small and mid-sized business market. The company had previously raised more than $12M from Intel and Azure Capital.