Week in deals, Sept. 8, 2008

BIOTECH

Living Proof Inc.

Cambridge, Mass.

www.livingproof-inc.com

Amount/Round: $7M/A

Investors: Polaris Venture Partners.

Details: A biomaterials startup. The company, f.k.a. Andora Inc., is led by President Amir Nashat, who joined Polaris last year as a general partner.

Quanterix Corp.

Cambridge, Mass.

www.quanterix.com

Amount/Round: $15M/A

Investors: Arch Venture Partners, Bain Capital Ventures, Flagship Ventures.

Details: Develops technology that enables digital detection of proteins, nucleic acids and enzyme activities.

CLEANTECH

AVA Solar

Ft. Collins, Colo.

www.avasolar.com

Amount/Round: $104M/C

Investors: DCM (led), Technology Partners, GLG Partners, Bohemian Cos., Invus LP.

Details: Develops thin-film photovoltaic modules. The company has now raised $155M since June 2007.

MIOX Corp.

Albuquerque, N.M.

www.miox.com

Amount/Round: $19M/C

Investors: DCM (led), Sierra Ventures, Flywheel Ventures

Details: Provides water treatment systems. The company has now raised about $44M since 2005.

Nexterra Energy Corp.

Vancouver, Canada

www.nexterra.ca

Amount/Round: $3.5M/D

Investors: ARC Financial Corp.

Details: Develops gasification systems that use waste fuels. Since 2004, the company has now raised about $19M from ARC Financial, its sole investor.

Solazyme Inc.

South San Francisco

www.solazyme.com

Amount/Round: $45.4M/D

Investors: Braemar Energy Ventures, Lightspeed Venture Partners, The Roda Group, Harris & Harris Group.

Details: Develops biofuels through the use of microalgae. The company has now raised about $54M in total funding.

Xunlight Corp.

Toledo, Ohio

www.xunlight.com

Amount/Round: $11M/C

Investors: Rabo Ventures (led), Trident Capital, Emerald Technology Ventures.

Details: Develops low-cost and flexible thin-film silicon solar modules. The company had previously raised $29M.

COMMUNICATIONS

Anagran Inc.

Redwood City, Calif.

www.anagran.com

Amount/Round: $8.5M/D

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

Details: Develops high-capacity flow management routers. The funding is the first close of an expected $11.6M Series D round, according to a regulatory filing. The company previously raised about $45M.

Expand Networks Inc.

Roseland, N.J.

www.expand.com

Amount/Round: $8.5M/NA

Investors: Intel Capital.

Details: Provides WAN compression and acceleration appliances. The company previously raised more than $60M from America Online, Comcast Interactive Capital, DIC, Federated Kaufman Fund, Omninet Capital, RBC Capital Markets, Tamir Fishman Ventures and Robeco Investment Management.

CONSUMER INTERNET

The Active Network

San Diego

www.activenetwork.com

Amount/Round: $80M/F

Investors: ESPN, Canaan Partners, North Bridge Venture Partners, Performance Equity Partners.

Details: Operates an online community for the active lifestyle market. The company has now raised a VC round each of the past four years, including a $67M Series E deal last summer and a $35M Series D deal in 2006 at a pre-money valuation of about $200M (which included $20M from ESPN).

Rocket Paper Scissors

San Francisco

www.dizzyworld.com

Amount/Round: $1M/A

Investors: European Founders Fund.

Details: Operates a social networking website for children. The company, a.k.a. Dizzyworld, previously raised an undisclosed funding round from Charles River Ventures.

Picateers Inc.

San Mateo, Calif.

www.picateers.com

Amount/Round: $6.6M/A

Investors: Norwest Venture Partners.

Details: Provides an online photo sharing service for schools’ portrait programs.

SpeedDate.com

San Mateo, Calif.

www.speeddate.com

Amount/Round: $6M/B

Investors: Menlo Ventures.

Details: Operates an online speed dating service. The company had raised a $2.6M Series A round last year.

ENTERTAINMENT & RECREATION

Ngmoco

San Francisco

www.ngmoco.com

Amount/Round: $5.6M/A

Investors: Kleiner Perkins Caufield & Byers (led), Maples Investments.

Details: Publishes games for the iPhone. The deal was announced in July, but the dollar amount was recently disclosed. Bing Gordon, KPCB partner and former chief creative officer of Electronic Arts, has joined the board.

Webcarzz Inc.

San Francisco

URL NA

Amount/Round: $4M/A

Investors: Meakem Becker Venture Capital.

Details: Develops multiplayer online games. The company has partnered with San Rafael, Calif.-based Mind Control Software Inc. for game development.

INTERNET

MoFuse

Providence, R.I.

www.mofuse.com

Amount/Round: NA/seed

Investors: The Slater Technology Fund.

Details: Provides mobile publishing solutions for bloggers.

ReputationDefender

Redwood City, Calif.

www.reputationdefender.com

Amount/Round: $2.6M/A

Investors: European Founders Fund, Maples Investments, RP/JA Investments.

Details: Provides online name-monitoring and protection services. The company—which was founded in Louisville, Ky., in 2006, but moved to California later that year—raised less than $1M in angel-backed seed money before this latest round of funding.

Space Pencil Inc.

Emeryville, Calif.

URL NA

Amount/Round: $800K/A

Investors: True Ventures, SoftTech VC.

Details: Provides Web analytics. The company is run by Neil Patel and Hamit Shah, who both were previously with Advantage Consulting Services and Crazy Egg.

INTERNET COMMUNICATIONS

WildBlue Communications Inc.

Greenwood Village, Colo.

www.wildblue.com

Amount/Round: $50M/NA

Investors: Liberty Media, Intelsat, National Rural Telecommunications Cooperative, Kleiner Perkins Caufield and Byers.

Details: Provides broadband Internet-over satellite services in rural United States.

INTERNET MARKETING

Adisn Inc.

Long Beach, Calif.

www.adisn.com

Amount/Round: $1M/A

Investors: Battery Ventures.

Details: Operates an online ad network.

Brand.net

San Mateo, Calif.

www.brand.net

Amount/Round: $10M/B

Investors: Norwest Venture Partners, InterWest Partners.

Details: Operates an online network focused on brand advertising. Robert Abbott, general partner of Norwest Venture Partners, has joined the board.

Demandbase

San Francisco

www.demandbase.com

Amount/Round: $8M/B

Investors: Sigma Partners (led), Altos Ventures, Adobe Systems.

Details: Provides lead generation and marketing list-building solutions as a pay-as-you-go service. The company had previously raised $3.3 million.

Mall Networks

Lexington, Mass.

www.mallnetworks.com

Amount/Round: $7M/B

Investors: Dace Ventures (led), Flybridge Capital Partners, Venture Capital Fund of New England, LBO Enterprises.

Details: Provides merchant-funded online loyalty shopping solutions. The company has now raised about $14M since 2005.

MED TECH

Baxano Inc.

Mountain View, Calif.

www.baxano.com

Amount/Round: $20M/B

Investors: Kearny Venture Partners (led), Prospect Venture Partners, Three Arch Partners.

Details: Develops minimally invasive spinal devices. The company had previously raised $8.64M.

Glaukos Corp.

Laguna Hills, Calif.

www.glaukos.com

Amount/Round: $35M/D

Investors: OrbiMed Advisors, Frazier Healthcare Ventures, InterWest Partners, Domain Associates, Fjord Ventures, Montreaux Equity Partners, Versant Ventures.

Details: Develops devices for the treatment of glaucoma. The company had previously raised about $53M since 2001.

PHARMACEUTICALS

DiaKine Therapeutics

Charlottesville, Va.

www.diakine.com

Amount/Round: NA/seed

Investors: BlueTree Allied Angels.

Details: Develops drugs to treat diabetes.

Osprey Pharmaceuticals USA

San Francisco

www.ospreypharma.com

Amount/Round: $11M/A

Investors: Burrill & Co. (led), Novo Nordisk Biotech Fund, Yasuda Enterprise Development, GeneChem Therapeutics Venture Fund, BDC Venture Capital, Inc., Western Technology Seed Investment Fund.

Details: Develops protein therapeutics for treating inflammatory diseases. Jack Anthony and John Hamer of Burrill & Co.; Martial Lacroix of GeneChem; and Jean-Francois Pariseau of BDC Venture Capital have joined the board.

Proteostasis Therapeutics Inc.

Cambridge, Mass.

www.proteostasis.com

Amount/Round: $45M/A

Investors: HealthCare Ventures, Fidelity Biosciences, New Enterprise Associates, Novartis Option Fund, Genzyme Ventures.

Details: Develops small molecule therapeutics to control the body’s protein homeostasis.

PHOTOGRAPHY

Refocus Imaging Inc.

Mountain View, Calif.

www.refocusimaging.com

Amount/Round: $250K/A

Investors: Greylock.

Details: Develops digital camera technology.

SECURITY

Secure64 Software Corp.

Greenwood Village, Colo.

www.secure64.com

Amount/Round: $3.7M/A

Investors: NA

Details: Develops server security applications.

SEMICONDUCTORS

Microfabrica Inc.

Venice, Calif.

www.microfabrica.com

Amount/Round: $22.5M/B

Investors: Versant Ventures (co-led), Interwest Partners (co-led), Draper Fisher Jurvetson, DynaFund Ventures, Chevron Technology Ventures, Partech International.

Details: Develops micro-devices for medical, electronic and defense applications. The company, f.k.a. MemGen, has now raised about $62M in total VC funding since its 2000 inception.

Nusym Technology Inc.

Los Gatos, Calif.

www.nusym.com

Amount/Round: $8.1M/B

Investors: Voyager Capital (led), Draper Richards, Woodside Fund.

Details: Develops EDA software that discovers chip flaws prior to fabrication.

SOFTWARE

Correlix Ltd.

New York

www.correlix.com

Amount/Round: $8M/B

Investors: Sequoia Capital (led), Genesis Partners, Blumberg Capital, Xenia Ventures.

Details: Provides software solutions for monitoring and analyzing trading execution and market-data flows in real time.

Daptiv Inc.

Seattle

www.daptiv.com

Amount/Round: $6M/B

Investors: Bay Partners, Kennet Partners, King Street Partners, Wolf Bay Holdings.

Details: Develops collaborative project and portfolio management software. The company, f.k.a. eProject, held a $12M first close on the Series B round last year and has now raised more than $35M in funding to date.

Expressor Software

Burlington, Mass.

www.expressor-software.com

Amount/Round: $10M/B

Investors: Commonwealth Capital Ventures (led), Globespan Capital Partners, Sigma Partners.

Details: Provides semantic data integration software. Justin Perreault, general partner at Commonwealth, has joined the board.

Forerun Inc.

Waltham, Mass.

www.forerunsystems.com

Amount/Round: $1.4M/A

Investors: Massachusetts Development Technology Corp.

Details: Develops clinical workflow solutions for emergency services. The technology was developed at Beth Israel Deaconess Medical Center in Boston.

Schooner Information Technology Inc.

Menlo Park, Calif.

www.schoonerinfotech.com

Amount/Round: $15M/A

Investors: CMEA Ventures, Redpoint Ventures.

Details: Develops enterprise software. The company is led by Richard Busch, who previously was with Sun Microsystems as research director of computer system architecture and analysis.

STORAGE

Data Robotics Inc.

Santa Clara, Calif.

www.drobo.com

Amount/Round: $15M/D

Investors: Greylock, RRE Ventures, Sutter Hill Venture Partners.

Details: Develops data storage products. The company has now raised about $43M in funding since 2005.

VIDEO

Conviva

San Mateo, Calif.

www.conviva.com

Amount/Round: $20M/B

Investors: UV Partners (led), Foundation Capital, New Enterprise Associates.

Details: Provides a live media platform for online video delivery. The company, f.k.a. Rinera Networks Inc., has now raised about $38M in total funding.

Qik

San Mateo, Calif.

qik.com

Amount/Round: NA/NA

Investors: Individual investors Marc Andreessen (co-founder of Ning and Netscape) and Ben Horowitz (co-founder of Loudcloud).

Details: Provides mobile video broadcasting service. The company previously raised a $3M Series B round from individual investors Marc Benioff (CEO of Salesforce.com), Arjun Gupta (of Telesoft Partners) and George Garrick (of Jingle Networks).

StudioNow

Nashville, Tenn.

www.studionow.com

Amount/Round: $2.4M/A

Investors: Clayton Associates.

Details: Provides online video-creation services. The funding brings the Series A round total to $4.1M. The initial $1.7M tranche was provided by Clayton and Claritas Capital.

WIRELESS COMMUNICATIONS

JumpTap

Cambridge, Mass.

www.jumptap.com

Amount/Round: $26M/D

Investors: AllianceBernstein (led), General Catalyst Partners, Redpoint Ventures, Summerhill Venture Partners, Valhalla Partners, WPP.

Details: Develops mobile search services. The company has now raised about $70M in total VC funding.

RadioFrame Networks Inc.

Redmond, Wash.

www.radioframenetworks.com

Amount/Round: $28M/F

Investors: Plainfield Asset Management, Ignition Partners, Ericsson Venture Partners, VantagePoint Venture Partners.

Details: Provides a platform for converging mobile voice and data. The company had previously raised about $78M since 2001.