Week in deals, Sept. 22, 2008

BATTERIES

PowerGenix Inc.

San Diego

www.powergenix.com

Amount/Round: $30M/D

Investors: Bessemer Venture Partners (led), Angeleno Group, Advent International, Braemar Energy Ventures, Granite Ventures, OnPoint Technologies, Technology Partners.

Details: Develops nickel-zinc rechargeable batteries. The company has now raised more than $60M in total VC funding.

CLEANTECH

SolarReserve

Santa Monica, Calif.

www.solar-reserve.com

Amount/Round: $140M/NA

Investors: Good Energies, Citi’s Sustainable Development Investments, U.S. Renewables Group, PCG Clean Energy & Technology Fund, Nimes Capital, Credit Suisse.

Details: Develops utility-scale renewable energy solar power plants.

COMMUNICATIONS

Interactions Inc.

Carmel, Ind.

interactions.net

Amount/Round: $12M/C

Investors: Cross Atlantic Capital Partners (led), Sigma Partners, Updata Partners, North Hill Ventures.

Details: Develops voice-recognition technology for the call center market. Richard Fox, managing director at Cross Atlantic, has joined the board. The company has now raised more than $35M in funding.

CONSUMER INTERNET

Big in Japan Inc.

Dallas

www.biggu.com

Amount/Round: $700K/seed

Investors: Architel.

Details: Develops ideas for mobile applications, including for Google’s open-source Android platform and Apple’s iPhone. The company previously was awarded a $275K prize by Google for its winning application, a personal shopping assistant for Android-based phones.

Punchbowl Software Inc.

Framingham, Mass.

www.mypunchbowl.com

Amount/Round: $2.1M/A

Investors: Contour Venture Partners (led), Intel Capital, eCoast Angels.

Details: Operates an event-planning website. The company raised $800K in seed funding from Intel Capital and eCoast Angels last year.

UpTake

Palo Alto, Calif.

www.uptake.com

Amount/Round: $10M/B

Investors: Trinity Ventures, Shasta Ventures.

Details: Operates a travel search and discovery engine. The company raised $4M in Series A funding from Shasta Ventures late last year.

WEbook.com

Bethesda, Md.

www.webook.com

Amount/Round: $5M/B

Investors: Vertex Venture Capital (led), Greylock Partners Israel and individual investors.

Details: Operates as an online book publishing company. WEbook was founded by Itai Kohavi, author of two novels and one children’s book, who serves as CEO and chairman of the company.

CONSTRUCTION

FrameMax Inc.

Poway, Calif.

www.framemax.com

Amount/Round: $10M/C

Investors: Arcapita Ventures, Cross Creek Capital, H.I.G. Ventures, Nvestech.

Details: Develops prefabricated light-gauge steel framing products for the U.S. building industry.

ECOMMERCE

eBillme

Wilmington, Del.

blog.ebillme.com

Amount/Round: $12M/NA

Investors: Canaan Partners (led), Celtic House Venture Partners.

Details: Provides online payments solutions.

ENTERTAINMENT & RECREATION

Big Fish Games

Seattle

www.bigfishgames.com

Amount/Round: $83M/B

Investors: Balderton Capital, General Catalyst Partners, Salmon River Capital.

Details: Operates an online gaming and interactive entertainment portal. The company previously raised about $8M from individual investors.

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: Develops mobile gaming technologies for mobile gaming vendors. The company raised $200K in seed funding in 2005.

HEALTH CARE

Medrium Inc.

Morristown, N.J.

www.medrium.com

Amount/Round: $10.5M/C

Investors: NGN Capital, Delta Opportunity Fund, Mosaix Ventures, Overbrook Fund, SIF Investment, Ticonderoga Capital.

Details: Operates a Web-based practice management system for physicians. The company also secured $12.5M in venture debt from Orix Venture Finance, according to VentureWire.

HEALTH FOOD

O Beverages Inc.

Cambridge, Mass.

www.obeverages.com

Amount/Round: $6M/D

Investors: Highland Consumer Fund.

Details: Provides bottled water with electrolytes.

INTERNET

AppNexus Inc.

New York

www.appnexus.com

Amount/Round: $8M/B

Investors: First Round Capital, Khosla Ventures, Kodiak Venture Partners, Venrock.

Details: Develops a virtualized global cloud computing platform.

BitTorrent Inc.

San Francisco

www.bittorrent.com

Amount/Round: $17M/C

Investors: DAG Ventures, Accel Partners, DCM.

Details: Provides peer-to-peer file-sharing services. The company has now raised $47M since 2005.

CrossLoop Inc.

Campbell, Calif.

www.crossloop.com

Amount/Round: $6M/B

Investors: Venrock (led), El Dorado Ventures.

Details: Develops Internet connectivity software. Rich Moran of Venrock has joined the board.

INTERNET MARKETING

Proclivity Systems

New York

www.proclivitysystems.com

Amount/Round: $5.5M/B

Investors: Fung Capital (led), WPP, Pilot Group.

Details: Provides predictive insight into consumer shopping and purchasing behavior for advanced target marketing and merchandising.

LEGAL SERVICES

RPX Corp.

San Francisco

www.rpxcorp.com

Amount/Round: NA/A

Investors: Kleiner Perkins Caufield & Byers, Charles River Ventures.

Details: Provides patent acquisition services. The company’s specific offering will be unveiled in October.

MED TECH

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 robotic transport systems for delivering supplies in hospitals. The company has now raised nearly $40M in total VC funding since 2000.

ArKal Medical Inc.

Fremont, Calif.

www.arkalmed.com

Amount/Round: $17.5M/B

Investors: Thomas McNerney & Partners (led), Delphi Ventures, MedVenture Associates.

Details: Develops medical devices for diabetes treatment and management. The company has now raised nearly $22M since 2005.

VasoNova Inc.

Sunnyvale, Calif.

www.vasonova.com

Amount/Round: $10M/B

Investors: NA

Details: Develops a self-guided catheter. No investor information was disclosed, although the company previously raised more than $2.3M from Arboretum Ventures, Aphelion Capital, Coronis Medical Ventures and Research Corp. Technologies.

MEDIA TECHNOLOGY

Legend Films Inc.

San Diego

www.legendfilms.net

Amount/Round: $5M/E

Investors: Augustus Ventures (led), Par Investment Partners.

Details: Operates as an entertainment and digital media company, specializing in restoring and colorizing. The company has now raised $9M since 2003.

NETWORKING

Anagran

Sunnyvale, Calif.

www.anagran.com

Amount/Round: $8.6M/D

Investors: Advanced Technology Ventures, ArrowPath Venture Partners, Draper Fisher Jurvetson.

Details: Develops high-capacity network traffic management routers. The company has raised about $54M since 2004.

RETAIL

Five Below

Philadelphia

www.fivebelow.com

Amount/Round: $17M/NA

Investors: LLR Partners, Blue 9 Capital.

Details: Operates a chain of discount stores marketed at the teen and pre-teen consumer.

SECURITY

Ounce Labs Inc.

Waltham, Mass.

www.ouncelabs.com

Amount/Round: $7.5M/D

Investors: Greylock, Commonwealth Capital Ventures.

Details: Develops enterprise security source code analysis. The company has now raised $36M since 2004.

SEMICONDUCTORS

Nusym Technology Inc.

Los Gatos, Calif.

www.nusym.com

Amount/Round: $8M/B

Investors: Voyager Capital (led), Simmons Goodspeed Investment Management, Woodside Fund, Draper Richards, and an undisclosed public company.

Details: Develops software designed to discover flaws in chips before they go into fabrication.

SOFTWARE

Connectiva Systems Inc.

New York

www.connectivasystems.com

Amount/Round: $17M/D

Investors: NEA-IndoUS Ventures, SAP, International Finance Corp., Ovation Capital Partners, Carthage Capital Group.

Details: Develops revenue assurance software for telecom cooperators.

Infobright Inc.

Toronto, Ontario

www.infobright.com

Amount/Round: $10M/C

Investors: Sun Microsystems, Flybridge Capital Partners, RBC Venture Partners.

Details: Develops analytic data warehousing software.

Rapid7

Boston

www.rapid7.com

Amount/Round: $7M/NA

Investors: Bain Capital Ventures.

Details: Develops vulnerability management software. The company also named former Microsoft executive Mike Tuchen as president and CEO.

UIevolution

Bellevue, Wash.

www.uievolution.com

Amount/Round: $5M/A

Investors: Intel Capital (led), Itochu Corp.

Details: Develops digital multimedia publishing software.

STORAGE

Zetta

Sunnyvale, Calif.

www.zetta.net

Amount/Round: $10.7M/A

Investors: Sigma Partners, Foundation Capital.

Details: Provides cloud storage solutions for enterprises.

VIDEO

Envivio Inc.

South San Francisco

www.envivio.com

Amount/Round: $25M/NA

Investors: Harbourvest (co-led), Atlantic Bridge (co-led), Samsung Ventures, Crédit Agricole Private Equity, Crescendo Ventures, Innovacom, Harbinger Venture Management, Intel Capital, NTT Finance, Saints Capital, Sigma Designs, Solidarity Fund QFL.

Details: Develops IP video convergence encoding solutions. The company has now raised more than $60M in total VC funding since 2002.

WIRELESS COMMUNICATIONS

Somo Enterprises Inc.

Palo Alto, Calif.

www.somoenterprises.com

Amount/Round: $1.6M/A

Investors: The Hit Forge, Lightspeed Venture Partners.

Details: Develops mobile applications.