New Money

[Wanda]

* Sometimes the best leads are those companies who have "new money"... if you have names that target their market.
* feel free to "move" too breakroom if more appropriate.


6-2-03


Server Firm RackSaver Lands $14M in Series A
SAN DIEGO -- RackSaver, a provider of high-density rack servers, blade servers, and supercomputer clusters, is expected to announce the closing of its Series A round with $14 million. [full story]
http://www.racksaver.com

 

[Wanda]

July 17-03

Thanks for the bucks CH.. hope the members get something out of these posts.. its "new fresh" money... ready to be spent.. fresh leads for domain end buyers.. IMHO..


* STAFF CUT BACKS HERE:
Internet Name/Address Management Firm Nominum Cuts Staff
REDWOOD CITY, CALIF. -- Nominum, provider of Internet name and address management software, said it has made an undisclosed number of layoffs. [full story]
http://www.nominum.com


NEW MONEY BELOW:

Storage Firm BlueArc Sees Green with $47M Series D
SAN JOSE, CALIF. -- BlueArc, a provider of network storage systems, said it has secured a $47-million Series D round of funding. [full story]
http://www.bluearc.com


FlexLight Beams in $17M Series C Round
ATLANTA -- FlexLight Networks, provider of optical access networking equipment, said it has raised $17 million in its Series C round. [full story]
http://www.flexlight-networks.com


Collaborative Trading Firm eScout and Perfect Commerce Merge
LEE'S SUMMIT, MO. -- eScout, a provider of collaborative trading products to automate purchasing, said it has entered into a definitive merger agreement with Palo Alto, Calif.-based enterprise supply management software and services firm Perfect Commerce. [full story]
http://www.perfectcommerce.com
http://www.escout.com


Ionix Charges Up with $16M in Series B
CAMBRIDGE, ENGLAND -- Ionix Pharmaceuticals, which develops medicines to treat inflammatory and neuropathic pain, announced it has completed a Phase I study of its opioid agonist buprenorphine and closed GBP 10 million ($15.9 million) in a Series B funding round. [full story]
http://www.ionixpharma.com


Montilio Raises $4M Seed Round
BOSTON -- Montilio, developer of hardware-and-software-based products that are designed to enhance storage system performance, said it has received $4 million in seed financing. [full story]
http://www.montilio.com


Starbak Communications Raises $3M in Series B
WALTHAM, MASS. -- Starbak Communications, a provider of gateways, streaming servers, edge delivery devices, management systems, and other technologies to enable the delivery of rich media content over Internet protocol, is expected to announce today it has closed a $3 million Series B round of funding, its first institutional round. [full story]
http://www.starbak.com

 

[Wanda]

July 21-03

Airespace Inhales $22M in Series C Round
SAN JOSE, CALIF. -- Airespace, a provider of software and wireless switches using 802.11 standards, has raised $22 million in an oversubscribed Series C round that is expected to be announced this week. Airespace, which has raised $38 million since it was founded in November 2001, is one of several companies working on wireless switches to announce sizable financing within the last few months. [full story]
http://www.airespace.com


StoneFly Buzzes About $12M Series C Round
SAN DIEGO -- StoneFly Networks, provider of IP-based storage provisioning appliances, said it has raised $12 million in Series C funding. [full story]
http://www.stonefly.com


E-mail Security Firm Proofpoint Launches with $7 Million
CUPERTINO, CALIF. -- Proofpoint, a provider of software to stop spam, protect against e-mail viruses, and ensure corporate policy compliance, has announced its launch with $7 million in Series A funding. [full story]
http://www.proofpoint.com


IronPort Docks with $15M in Round Two, Launches Anti-Spam App
SAN BRUNO, CALIF. -- IronPort Systems, a provider of e-mail infrastructure products and services, said it has closed its second round of funding with $15 million. [full story]
http://www.ironport.com


Online Personals Tech Firm Spring Street Hooks Up with $6M Round Two
NEW YORK -- Spring Street Networks, a provider of private-label online personals technology and services to media companies, said it has raised $6 million in its second round funding. [full story]
http://www.springstnet.com


Bristol Technology Raises $9.1 Million Round
DANBURY, CONN. -- Bristol Technology, provider of transaction monitoring and analysis software, is expected to announce it has raised $9.1 million in a new financing round. [full story]
http://www.bristol.com


Spine Surgery Tech Firm NuVasive Gets $10M to Cap Series D at $25M
SAN DIEGO -- NuVasive, which designs minimally invasive spine surgery systems, has raised an additional $10 million in Series D financing to cap the round with $25 million, VentureWire has learned. [full story]
http://www.nuvasive.com


Anti-Spam Firm Cloudmark Floats off with $4.5 Million Series B
SAN FRANCISCO -- Cloudmark, a provider of anti-spam technology for consumers and enterprises, said it has received $4.5 million in its Series B round of funding. [full story]
http://www.cloudmark.com


Marketing Tech Firm Informative Raises $7.4 Million Series D
BRISBANE, CALIF. -- Informative, a provider of marketing software that enables companies to communicate in real-time directly with customers, said it has closed its Series D round with $7.4 million. [full story]
http://www.informative.com


Enterprise Storage Firm Storability Acquires Assets from ProvisionSoft
SOUTHBOROUGH, MASS. -- Storability Software, a provider of enterprise storage resource management software and technology, said it has acquired ProvisionSoft's intellectual property and other assets related to its DynamicIT software product, a resource management software application. [full story]
http://www.storability.com
http://www.provisionsoft.com

 

[Wanda]

7-22-03

Data Converter Firm Optichron Raises $9 Million in Series A
FREMONT, CALIF. -- Optichron, a new company developing data converter chips, raised $9 million in Series A funding earlier this month, CEO Roy Batruni told VentureWire. [full story]
http://www.optichron.com


Data Protection Firm Revivio Raises $20.7M Second Round
LEXINGTON, MASS. -- Revivio, developer of data protection appliances, said it has raised $20.7 million in its second round of financing. [full story]
http://www.revivio.com


SurroMed Signs New Deal for $24M Series G Investment
MOUNTAIN VIEW, CALIF. -- SurroMed, which develops phenotyping technologies to accelerate the pharmaceutical discovery and development process and enable the precise diagnosis and personalized treatment of disease, said it has received a commitment for $24 million in a Series G financing round that is expected to close in August. [full story]
http://www.surromed.com
http://www.ppdi.com


TuVox Talks About Raising Up to $10M for Series B
LOS ALTOS, CALIF. -- TuVox, provider of natural-language speech recognition systems, plans to raise between $5 million and $10 million for its Series B round later this quarter, president and CEO Steven Pollock told VentureWire. [full story]
http://www.tuvox.com


FutureTrade Technologies Closes $12.5M Series C
LAKE FOREST, CALIF. -- FutureTrade Technologies, a provider of professional electronic brokerage services through its wholly owned subsidiary FutureTrade Securities, said it has closed a $12.5 million Series C round of funding. [full story]
http://www.futuretrade.com


Power Paper Charges Up with $12M to Cap Series D at $15M
TEL AVIV -- Power Paper, which produces ultra-thin and flexible microelectronic batteries, said it has raised another $12 million to close its Series D round with $15 million. [full story]
http://www.powerpaper.com


Hier Design Releases Silicon Virtual Prototyping Product for FPGAs
SANTA CLARA, CALIF. -- Hier Design, an EDA software firm for field programmable gate array designs, said it released its first product, the PlanAhead hierarchical floorplanner for silicon virtual prototyping for field programmable gate arrays. [full story]
http://www.hierdesign.com

 

[Wanda]

Monday July 28-2003

Some interesting "new money" news today!


CellGate Raises $43.7M in Series E Financing
SUNNYVALE, CALIF. -- CellGate, a specialty pharmaceutical company creating novel medicines by chemically combining proprietary transporter molecules with existing drugs in order to improve therapeutic value and drug performance, has raised $43.7 million in Series E funding, according to board member Michael G. Raab, a partner with New Enterprise Associates. [full story]
http://www.cellgateinc.com


VoiceGenie Talks Up $10M Series B Round
TORONTO -- VoiceGenie Technologies, provider of a VoiceXML software that enables enterprises and telecom carriers to develop Interactive Voice Response (IVR) applications, plans to announce today it has raised $10 million in Series B financing. [full story]
http://www.voicegenie.com


Web Self-Service Firm InQuira Helps Itself to $9.25M Round Two
SAN BRUNO, CALIF. -- InQuira, a provider of Web self-service and enterprise search software, said it has closed its second round of funding with $9.25 million. [full story]
http://www.inquira.com


Plaxo Raises $8.5 Million in Second Round
MOUNTAIN VIEW, CALIF. -- Plaxo, a provider of software for managing e-mail contact lists on computers, PDAs, and mobile phones, is expected to announce it has raised $8.5 million in its second round of financing. [full story]
http://www.plaxo.com


Addamark Hits Bullseye with $9M Series B Round
SAN FRANCISCO -- Addamark Technologies, a software security company that enables enterprises to store and manage high volumes of log data to monitor security events and extract important business information, is expected to announce it has raised $9 million in its Series B round. [full story]
http://www.addamark.com


Advanced Data Exchange Connects with $10M in Fourth Round
NEWARK, CALIF. -- Advanced Data Exchange (ADX), a provider of supply chain automation services, is expected to announce it has raised $10 million in an oversubscribed fourth round of financing. [full story]
http://www.adx.com


Netezza Raises $20 Million Series C Round
FRAMINGHAM, MASS. -- Netezza, which provides data management appliances, will announce today it has raised $20 million in its Series C round. [full story]
http://www.netezza.com


Solsoft Lands $12 Million Round Four, Names Gilles Samoun CEO
MOUNTAIN VIEW, CALIF. -- Solsoft, a provider of visual network security policy management software and services, said it has raised $12 million in its fourth round of funding and has named Gilles Samoun as its new CEO. [full story]
http://www.solsoft.com


Linux Messaging Firm Scalix Launches First Product
SAN MATEO, CALIF. -- Scalix, provider of a Linux-based enterprise messaging server, announced its first product. [full story]
http://www.scalix.com


Outsourcer Symphony Services Launches, Plans Series B
PALO ALTO, CALIF. -- Symphony Services, a provider of technology-based outsourcing services, announced its launch. [full story]
http://www.symphonysv.com

 

[Wanda]

Tues. 7-29-03

Zhone Technologies to Merge With Publicly Traded Tellium
OCEANPORT, N.J. -- Tellium, a publicly traded provider of optical networking technology, said it will merge with Oakland, Calif.-based Zhone Technologies, provider of telecommunications infrastructure products for the local access network, in an all-stock deal giving Zhone 60% ownership of the new company. [full story]
http://www.tellium.com
http://www.zhone.com


EDA Firm Monterey Design Systems Raises $10 Million in Sixth Round
SUNNYVALE, CALIF. -- Monterey Design Systems, developer of electronic design automation software, said it has raised $10 million in a sixth round of equity funding. [full story]
http://www.mondes.com


Innodia Caps A Round With New $2.16 Million
MONTREAL -- Innodia, a developer of therapeutics to treat type II diabetes, said it closed its Series A round at CAD 13 million ($9.38 million) with a final contribution of CAD 3 million. [full story]
http://www.innodia-inc.com


Evident Software Raises $6.8M Recap for New Business Plan
BLOOMFIELD, N.J. -- Apogee Networks, a provider of IP rating, billing, and settlement software, has shifted its business plan to focus on providing cost transparency in IT applications. As part of the change the company has raised $6.8 million in a recapitalization round, brought on new executives, and changed its name to Evident Software. [full story]
http://www.evidentsoftware.com


Entigo Raises $3 Million in Series E Round
MALVERN, PA. -- Entigo, provider of warranty program management software, is expected to announce it has raised $3 million in its Series E round. [full story]
http://www.entigo.com


XchangePoint Raises $9.8 Million in Second Round
MUNICH -- PolyTechnos Venture-Partners said it has invested in a GBP 6 million ($9.8 million) second round of financing for London-based XchangePoint Europe (XPE), provider of Internet peering and interconnection services. XPE has also named Richard Almeida as CEO. [full story]
http://www.xchangepoint.net

 

[Wanda]

* new micro payment "BitPass" (nice read)

7-30-03 "New Money" reciepients!

Actuate Acquires Nimble Technology in Cash Deal
SOUTH SAN FRANCISCO, CALIF. -- In a bid to improve its offerings in the emerging enterprise information integration category, Actuate, a publicly traded provider of business intelligence software applications, said it has acquired Nimble Technology, a data integration software provider, for an undisclosed amount of cash. [full story]
http://www.actuate.com
http://www.nimble.com


Reproductive Health Firm Ardana Gets $32.5 Million Series B
EDINBURGH, SCOTLAND -- Ardana Bioscience, a pharmaceutical company specializing in reproductive health, said it secured GBP 20 million ($32.5 million) in a Series B round. [full story]
http://www.ardana.co.uk


Intelliden Raises $12.5 Million in Series C Financing
COLORADO SPRINGS, COLO. -- Intelliden, provider of software that enables service providers, enterprises, and government organizations to configure heterogeneous routers, LAN/WAN switches, firewalls, and optical switches, said it has raised $12.5 million in its Series C round. [full story]
http://www.intelliden.com


Speech Recognition Firm TuVox Names Larry Miller CEO
LOS ALTOS, CALIF. -- TuVox, provider of natural-language speech recognition systems, said it has named Larry Miller as president and CEO. [full story]
http://www.tuvox.com


Micropayment Firm BitPass Raises $1.5M Series A
PALO ALTO, CALIF. -- BitPass, developer of a micropayment system for online content, said it has raised $1.5 million in Series A funding. [full story]
http://www.bitpass.com


Solutionary Raises $13M in Series A and B Rounds
OMAHA, NEB. -- Solutionary, a managed security service provider, said it has raised $13 million in combined Series A and Series B financing. [full story]
http://www.solutionary.com


Media Publisher Books $1.3M Series A Round
BERKELEY, CALIF. -- Media Publisher (MPI), provider of enterprise software for rich-media publishing automation and management, said it has raised $1.3 million in Series A financing. [full story]
http://www.media-publisher.com

 

[Wanda]

7-31-03

Sun Microsystems in Agreement to Buy CenterRun
SANTA CLARA, CALIF. -- Sun Microsystems has signed a definitive agreement to acquire Redwood City, Calif.-based CenterRun, which provides software to automate application provisioning through the installation and configuration of multiple servers. The deal bolsters Sun's N1 platform for managing data center infrastructure. [full story]
http://www.sun.com
http://www.centerrun.com


Cavium Networks Closes $18 Million Series C Round
SANTA CLARA, CALIF. -- Cavium Networks, a fabless semiconductor designer focused on security processors, is expected to announce the closing of $18 million in Series C funding. [full story]
http://www.cavium.com


Japanese Biopharma Sosei Takes $13M Series D
TOKYO -- Sosei, a Japanese biopharmaceutical company, has raised Y1.6 billion ($13 million) in Series D financing. [full story]
http://www.sosei.com


Renal Solutions Gets $3.5M to Cap Series A with $18M Total
WARRENDALE, PA. -- Renal Solutions, a startup developing hemodialysis products and services for use in the home and clinical environment, announced that it has raised an additional $3.5 million in Series A financing, capping the round with a total of $18 milion. [full story]
http://www.renalsolutionsinc.com


Cernium Raises $2.8 Million in Second Round
ST. LOUIS, MO. -- Cernium, provider of behavior-recognition software and systems for the security industry, said it has raised $2.8 million in its second institutional round. [full story]
http://www.cernium.com


Symbol Acquires Mobile Software Startup Covigo
HOLTSVILLE, N.Y. -- Publicly traded Symbol Technologies, a provider of wireless networking and information systems, said it has acquired Covigo, a Menlo Park, Calif.-based provider of software designed to enable enterprises and operators to develop and deploy mobile, portal, and Web applications. Terms of the deal were not disclosed. [full story]
http://www.symbol.com
http://www.covigo.com

 

[Wanda]

8-1-03

8-1-03

Texas Instruments Buys Radio Firm Radia Communications
DALLAS -- In a bid to improve its in-house 802.11 capabilities, chipmaker Texas Instruments said it will acquire Radia Communications, a fabless semiconductor firm based in Sunnyvale, Calif. that specializes in Wi-Fi radios. Terms of the deal were not disclosed. [full story]
http://www.ti.com
http://www.radiacommunications.com


Abingworth Management Closes Bioventures IV Fund with $350M
LONDON -- Abingworth Management, a life sciences venture capital firm, said that it has closed its latest life sciences fund, Abingworth Bioventures IV, at an oversubscribed $325 million. [full story]
http://www.abingworth.com


Spine Device Firm Archus Orthopedics Gets $18M Series B
REDMOND, WASH. -- Archus Orthopedics, a device startup that is developing reconstructive implants to treat degenerative diseases of the lumbar spine, said it raised $18 million in a Series B financing. [full story]
http://www.archususa.com


InterDigital Acquires Tantivy in Cash and Royalty Deal
KING OF PRUSSIA, PA. -- Publicly held InterDigital Communications, a designer and provider of wireless technology and product platforms, said it has acquired Tantivy Communications, a Melbourne, Fla.-based developer of wireless data communications technology, for approximately $10 million in cash and a percentage of future royalties generated by smart antenna and 802.11 intellectual property held by Tantivy. In addition to the cash, InterDigital has forgiven an approximate $1.5 million loan it granted Tantivy. [full story]
http://www.interdigital.com
http://www.tantivy.com


Digital Display Chip Firm Oplus Raises $10 Million Round
YOKNE'AM, ISRAEL -- Oplus, developer of system-on-chip and software for digital displays and flat panel televisions, said it has raised $10 million in a new round. [full story]
http://www.oplus.com


Mobile Payment Firm Way Systems Set to Close Series A Round
MEDFORD, MASS. -- Way Systems, a provider of point-of-sale products designed for use with GSM phones, has closed its Series A financing at $3.6 million this week, VentureWire has learned. This is the first institutional money the company has raised. [full story]
http://www.wayinc.com


Datawire Raises $6.5M Series B, With Option for $4.5M More
TORONTO -- Datawire Communication Networks, provider of an Internet-based transaction delivery network, said it has raised $6.5 million in Series B financing, with an option for investors to contribute an additional $4.5 million. [full story]
http://www.datawire.net


Pumatech Captures Spontaneous Technology
SAN JOSE, CALIF. -- Publicly held Pumatech, a provider of synchronization software and services, said it has acquired Spontaneous Technology, a Salt Lake City-based provider of enterprise VPN software designed to extend existing corporate applications to most wireless devices. Terms of the deal were not disclosed. [full story]
http://www.pumatech.com
http://www.spontec.com

 

[Jeff]

Related story, courtesy of Globe.com:

"SAN FRANCISCO -- Computer networking equipment maker Netgear Inc. impressed investors in its stock market debut yesterday, providing the latest sign of a financial revival in the long-slumping Silicon Valley.

Netgear's shares surged $3.69, or 26 percent, from an initial public offering price of $14 to close at $17.69 on the Nasdaq Stock Market. The IPO of 7 million shares raised $98 million before expenses.

The healthy first-day gain followed another bullish sign: Driven by investor demand, Santa Clara-based Netgear raised its IPO price from a range of $10 to $12 per share earlier in the week.

The stock market has recently displayed renewed interest in high-tech IPOs after years of disdain.

Three other Silicon Valley companies -- FormFactor Inc., InterVideo Inc., and iPass Inc. -- have climbed in value after launching recent IPOs. Based on closing prices yesterday, the stocks of those three companies had appreciated by 29 percent to 46 percent from their IPO prices.

Those gains are modest compared to the staggering short-term returns generated by high-tech IPOs during the dot-com heyday, when stocks quickly doubled and tripled in value in a matter of days.

Still, the positive performances of the recent high-tech IPOs represent an encouraging contrast to the past few years.

With the losses of the dot-com meltdown still weighing on investors' minds, most start-ups simply couldn't muster enough enthusiasm to pursue IPOs in recent years. Both iPass and Netgear previously fell into this category. Both companies filed IPO plans in 2000, only to withdraw them later amid the early stages of the high-tech collapse."

 

[Wanda]

8-5-05

8-5-05 VC "new money"

Fabless Chip Firm Adimos Raises $12 Million Round One
TEL AVIV, ISRAEL -- Adimos, a fabless semiconductor company developing chips for wireless multimedia, said it has raised $12 million in Series A funding. [full story]
http://www.jvpvc.com
http://www.adimos.com


ActivBiotics Raises $26.4M in Ongoing Series B Round
LEXINGTON, MASS. -- ActivBiotics, a drug development company focused on antibiotics and combination therapies for treating acute infections and chronic diseases triggered or caused by bacterial infections, said it has raised $26.4 million in the first close of its Series B round. [full story]
http://www.activbiotics.com


NVIDIA Acquires Multimedia Chip Firm MediaQ for $70M
SANTA CLARA, CALIF. -- NVIDIA, a publicly traded developer of visual processing chips, said it will acquire MediaQ, a multimedia chip firm also based in Santa Clara, Calif., for $70 million in cash or stock, depending on the preferences of MediaQ's investors. [full story]
http://www.nvidia.com
http://www.mediaq.com


Perfect Commerce Gets $9.5M Series B After Merger
LEE'S SUMMIT, MO. -- After closing its merger with eScout, a provider of collaborative trading products to automate purchasing, Perfect Commerce, a supply management software and services firm, said it has received $9.5 million as part of its Series B round of funding. [full story]
http://www.perfectcommerce.com


BodyMedia Raises $4M in Series C Round
PITTSBURGH -- BodyMedia, a provider of body monitoring technology for clinical and commercial uses, will announce today that it raised $4 million in its Series C round of financing, chairman and CEO Astro Teller told VentureWire. [full story]
http://www.bodymedia.com


Novell Acquires Ximian in Cash Deal
PROVO, UTAH -- Novell, a publicly traded provider of products that deliver secure identity management, Web application development, and cross-platform networking services, said it has acquired Boston-based Ximian, a provider of open source desktop technology, applications, support, and services for Linux and UNIX, for an undisclosed amount of cash. [full story]
http://www.novell.com
http://www.ximian.com

 

[Wanda]

8-6-03

8-6-03

Chinese Foundry CSMC Raises $67M in Huge First Round
HONG KONG -- CSMC Technologies, a Chinese chip foundry services company, said it has raised $67 million in a first round of funding. [full story]
http://www.csmc.com.cn


Concurrent Pharmaceuticals Raises $14M Second Round
FORT WASHINGTON, PA. -- Concurrent Pharmaceuticals, a drug discovery company that uses computer modeling to simulate drug development, has raised $14 million in its second round of financing, VentureWire has learned. [full story]
http://www.concurrentpharma.com


Juice Squeezes Out $6.7M in Second Round
NEW YORK -- Juice Software, provider of enterprise software that enhances Microsoft Excel, announced it has raised $6.7 million in its second round of funding. [full story]
http://www.juice.com


Business Service Management Firm Managed Objects Gets $5M Series E
MCLEAN, VA. -- Managed Objects, a provider of software which enables customers to measure and improve the performance of business services like online trading, customer relationship management, or corporate e-mail, has closed a $5-million Series E round of funding, president and CEO Siki Giunta told VentureWire. [full story]
http://www.managedobjects.com


Celite Systems Raises $10 Million in Second Round Financing
AUSTIN, TEXAS -- Celite Systems, provider of residential broadband access equipment for facilities-based network service providers, said it has raised $10 million in its second round of funding. [full story]
http://www.celitesystems.com


Expand Networks Bulks Up with $9M Series D, Names Chair
ROSELAND, N.J. -- Expand Networks, provider of WAN compression and acceleration appliances, is expected to announce it has raised $9 million in its Series D round. The company has also named founder, co-president, and CEO of Tamir Fishman & Co., Eldad Tamir, chairman of the six-person board. [full story]
http://www.expand.com


Market Research Firm comScore Networks Lands $12M Series E
RESTON, VA. -- comScore Networks, a provider of market research and consumer analytics technology and consulting services, said it has raised $12 million in its Series E round of funding. [full story]
http://www.comscore.com


Agile Software Acquires Product Lifecycle Management Firm Eigner
SAN JOSE, CALIF. -- Agile Software a publicly traded provider of product lifecycle management (PLM) software, said it has entered into a definitive agreement to acquire Eigner, which provides PLM technology to the automotive, industrial equipment, aerospace, and defense industries, in a cash and stock combination deal. [full story]
http://www.agile.com
http://www.eigner.com

 

[Wanda]

8-7-03

8-7-03

RFID Firm Alien Technology Tags $38M in Series F
MORGAN HILL, CALIF. -- Alien Technology, developer of radio frequency identification (RFID) tags, said it has closed $38 million in Series F financing. [full story]
http://www.alientechnology.com


Plant Pharma Chlorogen Reaps $5M in Series A
ST. LOUIS -- Chlorogen, a plant-made pharmaceutical producer, closed its Series A round with $5 million, VentureWire has learned. [full story]
http://www.chlorogen.com


Scopus Lands $15.5M in Second Round
ROSH HA'AYIN, ISRAEL -- Scopus Network Technologies, supplier of digital compression technology to the broadcasting industry, said it has raised $15.5 million in its second round of financing. [full story]
http://www.scopus.co.il


Solicore Charges Up with $13M in Ongoing Series B
LAKELAND, FLA. -- Solicore, a manufacturer of solid polymer lithium-ion and advanced battery manufacturing systems, said it has raised $13 million in the first close of its Series B round of preferred financing. [full story]
http://www.solicore.com


Analytics Apps Firm WebAbacus Counts $1.2M in First Round
LONDON -- WebAbacus, provider of Web analytics software, announced it has raised $1.2 million in funding in its first external round. [full story]
http://www.webabacus.com


Intelligence Software Firm Vincera Adds to Series A Round
AUSTIN, TEXAS -- Vincera Software, a provider of consumer intelligence technology, said it has raised an undisclosed amount of additional Series A funding. [full story]
http://www.vincera.com


Seranoa Scoops Up $9M in Series B Round
BOXBOROUGH, MASS. -- Seranoa Networks, provider of IP edge concentrators, will announce today it has raised $9 million in its Series B round. [full story]
http://www.seranoa.com


Ceyba Shuts Down After Raising $108M
OTTAWA -- Ceyba, provider of optical networking equipment to carriers and service providers that raised $108 million in funding, has shut down. The company laid off 120 employees. [full story]
http://www.ceyba.com

*** WHAT? Did they "Take The Money EnRun/Enron" (above) ??

 

[Wanda]

8-8-03

8-8-03

SMaL Camera Snaps Up $13.5M in Series C
CAMBRIDGE, MASS. -- Nearing profitability, SMaL Camera Technologies, developer of a slim VGA camera, is expected to announce the close of $13.5 million in Series C funding to be used to target the automotive and cell phone markets. [full story]
http://www.smalcamera.com


Infrastructure Server Software Kinitos Plans $4M Series A
PALO ALTO, CALIF. -- Kinitos, a provider of infrastructure server software for the creation and deployment of managed-client and Web service applications, expects to close a $4-million Series A funding by the end of September, CEO Steven Woods told VentureWire. [full story]
http://www.kinitos.com


MedCases buys I.C. Axon; Gets $6M Investment From Merck
PHILADELPHIA -- MedCases, a provider of online medical education, has acquired its competitor, Montreal-based I.C. Axon, for an undisclosed amount. The combined company has also secured about $7 million in its Series C round, VentureWire has learned. [full story]
http://www.icaxon.com
http://www.medcases.com


Zenodata Raises $13M Series C Round
LOUISVILLE, COLO. -- Zenodata, a stealth-mode company targeting financial services markets, has closed a $13-million Series C round, VentureWire has learned. [full story]
http://www.zenodata.com


LightSand to Acquire SANcastle, Gets $7M Fourth Round
MILPITAS, CALIF. -- LightSand, provider of SAN gateway products, said it will acquire Dallas-based SANcastle Technologies, manufacturer of fibre channel over IP (FCIP) gateways and inter-fabric switch technology. Terms of the deal were not disclosed. LightSand also announced raising $7 million in its fourth round of funding. [full story]
http://www.sancastle.com
http://www.lightsand.com


Pyrosequencing to Acquire Personal Chemistry in $24M Stock Swap
UPPSALA, SWEDEN -- Pyrosequencing, a provider of genetic analysis systems that is traded on the Stockholm Stock Exchange, announced that it has agreed to acquire Uppsala, Sweden-based Personal Chemistry, a privately held provider of technology for medicinal chemistry development. The stock deal is valued at roughly SEK 195 million ($24 million), based on a recent market close. [full story]
http://www.personalchemistry.com
http://www.pyrosequencing.com

 

[Wanda]

8-11-03

8-11-03

Optical Components Firm Luxtera Raises $15M Series B
CARLSBAD, CALIF. -- Luxtera, which develops photonic components in silicon, raised $15 million in Series B funding this spring, CEO Alex Dickinson told VentureWire. [full story]
http://www.luxtera.com


Wavelink Raises $5M Third Round, Upgrades Productline
KIRKLAND, WASH. -- Wavelink, a provider of wireless local area network management software, network management, and mobile device products for the enterprise, raised $5 million in its third round of financing, VentureWire has learned. The company is also expected to announce today new features and customers for its Mobile Manager product. [full story]
http://www.wavelink.com


EVault Names Phil Gilmour CEO, Eyes Profitability
WALNUT CREEK, CALIF. -- EVault, a provider of disk-based data protection and recovery software and services, said it has promoted Phil Gilmour from president and COO to president and CEO. [full story]
http://www.evault.com


Risk Apps Firm Digital Sandbox Fills Up with $1.2M Series A
RESTON, VA. -- Digital Sandbox, a provider of enterprise risk management software, said it has raised a $1.2-million Series A round of funding. [full story]
http://www.dsbox.com


SkyStream Gets $4M More to Cap Fifth Round at $29M
SUNNYVALE, CALIF. -- SkyStream Networks, provider of hardware and software networking products that enable businesses to deliver video and IP services over wired and wireless networks, is expected to announce it has raised an additional $4 million to close its fifth round of funding at $29 million. [full story]
http://www.skystream.com

 

[Wanda]

8-18-03

8-18-03

Xtera Lands $30M Series F Round
ALLEN, TEXAS -- Xtera Communications, provider of a dense wavelength division multiplexing (DWDM) optical networking transport system for regional, long-haul, and ultra-long-haul networks, said it has raised $30 million in its Series F round. [full story]
http://www.xtera.com


Quantomix Raises $3.5M in First Part of Planned $7M Series B
TEL AVIV -- QuantomiX, a developer of capsules that protect wet biological samples for use with electron microscopes, raised $3.5 million in its Series B financing. The round remains open for possible extra investment for a total of up to $7 million, VentureWire has learned. [full story]
http://www.quantomix.com


FrontBridge Raises $8 Million in Series C
MARINA DEL REY, CALIF. -- FrontBridge Technology, a provider of e-mail security and message management services, said it closed an unsolicited $8 million Series C round. [full story]
http://www.frontbridge.com


Telecom Spending Managment Firm Invoice Insight Logs $5M Round Two
MANASSAS, VA. -- Invoice Insight, a developer and provider of telecom spending management Web-based software, said it has closed its second round of funding with $5 million. [full story]
http://www.invoiceinsight.com

 

[Wanda]

8-19-03

8-19-03

WLAN Chipset Firm Engim Lands $18.5M Series B
ACTON, MASS. -- Engim, a maker of switching chipsets for wireless LANs, is expected to announce the closing of $18.5 million in Series B funding. [full story]
http://www.engim.com


Kemia Names Lewis Shuster CEO, Caps Series A at $19M
SAN DIEGO -- Kemia, a drug developer that uses a synthetic chemistry approach to create molecules that affect protein interaction, said it named Lewis Shuster as president and CEO. The company has also closed the third tranche of its Series A financing with $10 million to cap the round with a total of $19 million. [full story]
http://www.kemia.com


Anti-Spam Firm MailFrontier Receives $10M in Series B
PALO ALTO, CALIF. -- MailFrontier, a provider of anti-spam software for enterprises and individuals, said it has closed its Series B round of funding with $10 million. [full story]
http://www.mailfrontier.com


Abingworth Gets $25M More to Cap Bioventures IV Fund with $350M
LONDON -- Abingworth Management, a life sciences venture capital firm, said it closed on an additional $25 million in commitments for its latest life sciences fund, Abingworth Bioventures IV, to close the fund with $350 million. [full story]
http://www.abingworth.com


AspenTech Gets $100 Million in PIPE Deal from Advent
BOSTON -- Advent International, an international private equity firm, said has completed a $100 million investment in convertible preferred stock in Aspen Technology, a publicly traded supplier of integrated software and services to the chemicals, petroleum, pharmaceuticals, and other process industries. [full story]
http://www.adventinternational.com
http://www.aspentech.com


ESS Buys Video and Imaging Chip Firm Divio in $27.1M in Cash
FREMONT, CALIF. -- ESS Technology, a publicly traded supplier of silicon for digital video and digital audio consumer electronics, said it has acquired Divio for $27.1 million in cash. Based in Sunnyvale, Calif., Divio designs and manufactures digital video and imaging semiconductor chips. [full story]
http://www.esstech.com
http://www.divio.com

 

[RJ]

Thanks for keeping this thread going Wanda. Excellent information!

 

[Wanda]

Originally posted by -RJ-
Thanks for keeping this thread going Wanda. Excellent information!

Your welcome! Glad it's a good read for some!

 

[Wanda]

8-22-03

8-22-03

BioStratum Gets $9.5M Bridge, Promotes Pres & COO to CEO
RESEARCH TRIANGLE PARK, N.C. -- BioStratum, a developer of therapeutics for diabetes and cancer based on research on basal lamina, announced that it has closed on $9.5 million in a convertible bridge financing. The company also said that it has promoted president and chief operating officer Robert J. Schotzinger to the new roll of president and CEO. As chief executive officer Mr. Schotzinger replaces Claus Kuhl, who has left the company to pursue other business interests. [full story]
http://www.biostratum.com


Ciena to Acquire Akara for $45 Million
LINTHICUM, MD. -- After recently acquiring WaveSmith Networks for $178 million in stock, Ciena, a publicly traded provider of optical networking systems and software, said it has reached a definitive agreement to acquire Ottawa-based Akara, provider of SONET/SDH-based extended storage area networking (SAN) products, for $45 million in cash and stock. [full story]
http://www.ciena.com
http://www.akara.com


SeaPoint Ventures Invests $4M in Four Wireless Companies
BELLEVUE, WASH. -- SeaPoint Ventures, an early-stage venture capital firm focused on the wireless sector, said it has added four wireless start-ups to its portfolio, investing in total $4 million over the last six months. The startups are CapBack, Kineto Wireless, PocketThis, and Vayusa. [full story]
http://www.seapointventures.com
http://www.pocketthis.com
http://www.kinetowireless.com
http://www.vayusa.com


Synad Raising Series C Round to Ramp Production
CAMBRIDGE, MASS. -- With plans to begin volume shipments in the fourth quarter, Synad, a fabless designer of chips for wireless networking, is closing a third round of funding that should bring the company almost to profitability. [full story]
http://www.synad.com


Textbook Publisher Atomic Dog Takes $1M Bite of $4M Series C
CINCINNATI -- Atomic Dog Publishing, a college textbook publisher that develops interactive, hybrid media textbooks, said it closed the first $1 million of a planned $4-million Series C round. [full story]
http://www.atomicdog.com


Nucleonics Grants Wyeth 5% Equity Stake as Part of License Deal
MALVERN, PA. -- Nucleonics, a developer of novel RNA interference (RNAi)-based therapies, announced that it has acquired co-exclusive, worldwide rights to fundamental patent applications in the field of RNAi from Wyeth Pharmaceuticals, a division of St. Davids, Pa.-based Wyeth, the publicly traded healthcare provider. In exchange for the intellectual property, Nucleonics said that it has granted Wyeth a 5% equity position. [full story]
http://www.wyeth.com
http://www.nucleonicsinc.com

 

[Wanda]

8-25-03

8-25-03

Zilliant Secures $14.5M in New Funds
AUSTIN, TEXAS -- Zilliant, a provider of profit revenue optimization software, said it raised $14.5 million in new financing. [full story]
http://www.zilliant.com


Aegis Launches Filter Chips, Heads for $10M Round
WOBURN, MASS. -- After three years of R&D, Aegis came out this summer with its first two products: an optical channel monitor and a multi-cavity tunable thin film filter chip. Already generating revenues, the startup is also planning a $10 million Series C round for the first half of next year. [full story]
http://www.aegis-semi.com


Wayport Raising $15 Million to Support Growth
AUSTIN, TEXAS -- Wayport executives are now raising up to $15 million in what will be the remote wireless access provider's sixth round of financing. Vice president of marketing Daniel Lowden said the new money will be used to support customer and market expansion and comes with the blessing of existing shareholders who "want us to grow faster." [full story]
http://www.wayport.net


DVDPlay to Close First Round, Begin Raising Up to $3M for Second Round
LOS GATOS, CALIF. -- DVDPlay, provider of automated, Internet-connected machines for renting and selling DVDs in convenience stores, office buildings, and other locations that can be managed and monitored wirelessly, is in the process of closing its first round and plans to begin raising between $2 million and $3 million for its second round in the next couple weeks, executive vice president and chief marketing and business development officer Dee Cravens told VentureWire. [full story]
http://www.dvdplay.net


Energy Software Firm Knowmadic Gets $4M Charge in Round Two
SANTA CLARA, CALIF. -- Knowmadic, a provider of enterprise software for energy and utility companies, has closed its Series B round of funding with $4 million, VentureWire has learned. [full story]
http://www.knowmadic.com


Austin Ventures Forms UWB Chip Startup Alereon with Time Domain Team
AUSTIN, TEXAS -- Austin Ventures has nabbed the chip IP and chip development team from ultra wide band firm Time Domain for its new portfolio company, Alereon. The startup formed in April and is launching this week. [full story]
http://www.alereon.com

 

[Jeff]

Originally posted by -RJ-
Thanks for keeping this thread going Wanda. Excellent information!

Agree!
100 NP$'s en route ... and wish I had more to spare.
Thanks again, Wanda.

 

[Wanda]

Thankyou CH !

NewMoney news for 8-26-03

Coley Raises $30M in Series E, Looks to Close $5M More Soon
WELLESLEY, MASS. -- Coley Pharmaceutical, a developer of drugs that stimulate the immune system to treat and prevent cancer, asthma, allergies, and infectious diseases, said it closed $30 million of a planned $35-million Series E financing. A $5-million tranche is expected to close within the next month. [full story]
http://www.coleypharma.com


McData Acquires Nishan and Sanera in $185M Deal
BROOMFIELD, COLO. -- McData, a publicly traded provider of storage networking technologies, said it signed definitive agreements to acquire Nishan Systems, a supplier of native IP storage networking, for $83 million in cash; and Sanera Systems, a data center storage switching equipment company, for approximately $102 million in cash. [full story]
http://www.mcdata.com
http://www.nishansystems.com
http://www.sanera.net
http://www.aarohi-inc.com


Security Processor Firm Fortinet Locks Up $30M in Series D
SANTA CLARA, CALIF. -- Fortinet, a provider of ASIC-based network security systems, is expected to announce the closing of $30 million in Series D funding. [full story]
http://www.fortinet.com


LSSi Rings Up $16M in Ongoing Third Round
EDISON, N.J. -- LSSi, a provider of directory database technology, said it has raised more than $16 million in the first tranche of its third round of funding. [full story]
http://www.lssi.net


Antenna Technology Firm SkyCross Picks Up $10.5M in Series B
MELBOURNE, FLA. -- SkyCross, a developer of embedded antennas for mobile and fixed wireless communications, said it has closed $10.5 million in Series B funding. [full story]
http://www.skycross.com

 

[Wanda]

8-27-03

8-27-03

Medical Imaging Firm ONI Sees $8.5 Million
WILMINGTON, MASS. -- ONI, a developer of specialized medical imaging systems, said it closed $8.5 million in financing and it anticipates closing an additional $3 million in three-to-four months. [full story]
http://www.onicorp.com


BioVentures Investors Closes Fund II with $54 Million
WORCESTER, MASS. -- BioVentures Investors, a venture capital firm that invests in healthcare companies, announced that it has closed its second venture capital fund with commitments of $54 million. [full story]
http://www.bioventuresinvestors.com


Rhythm Therapeutics Raises $750K Seed Round
EDEN PRAIRIE, MINN. -- Rhythm Therapeutics, which researches cell therapy techniques focused on developing cures for cardiovascular disease, closed a $750,000 seed round in June, VentureWire has learned. [full story]


Netilla Gets $2M More to Close Series C at $8M
SOMERSET, N.J. -- Netilla Networks, provider of SSL VPN appliances, said it received an additional $2 million in Series C financing to close the round at $8 million. [full story]
http://www.netilla.com


Carmichael Training Pumps Up Series B to $5.1 M
COLORADO SPRINGS, COLO. -- Carmichael Training Systems (CTS), a startup founded by the coach of champion cyclist Lance Armstrong, said it closed an additional $1.9 million, bringing its Series B funding to $5.1 million. [full story]
http://www.trainright.com


Tropic Networks Names Ex-Global Crossing Chief Bob Annunziata Chair
OTTAWA -- Tropic Networks, developer of metro regional DWDM systems, said it has named Bob Annunziata as chairman. [full story]
http://www.tropicnetworks.com

 

[Wanda]

8-28-03

8-28-03

Image Recognition Tech Firm ImageID Completes Acquistion of Wishoo
INDIANAPOLIS -- ImageID, a developer of image recognition applications, has completed its acquisition of Wishoo, a marketing services company that provides interactive photo promotions to facilitate brand awareness. Wishoo has become a wholly-owned subsidiary of New York-based ImageID. Financial terms of the transaction were not disclosed. [full story]
http://www.imageid.com
http://www.wishoo.com



Myogen Raises $40 Million Series D
DENVER -- Myogen, a biopharmaceutical company that focuses on small molecule therapeutics for the treatment of cardiovascular diseases, said it closed $40 million in private placement of additional shares of its Series D preferred stock. [full story]
http://www.myogen.com


Metabolex Gets $27M Recap B Round on Second Try
HAYWARD, CALIF. -- After a VC round in 2002 fell through, Metabolex, a biopharmaceutical company that researches and develops insulin sensitizer drugs for diabetes, has secured $27 million in a recapitalized Series B round from a different group of investors. The round will remain open for the next 60 days to allow for additional funds from new investors that are still considering participating. [full story]
http://www.metabolex.com


Airframe Business Software Lands $750K Seed Round
INCLINE VILLAGE, NEV. -- Airframe Business Software, a provider of business infrastructure software online, said it has raised more than $750,000 in seed funding. [full story]
http://www.myairframe.com


EDA Startup Paragon IC Raising Series B
NEWPORT BEACH, CALIF. -- Though EDA firm Paragon IC is just two years old, it is a lot more mature than other startups because it took a shortcut in developing its technology. Rather than start from scratch, Paragon IC acquired the rights to the EDA tools developed by China Integrated Circuit Design and re-designed the software. The firm is planning to close $8 million to $15 million in Series B funding by the end of the year. [full story]
http://www.paragon-ic.com


Knowledge Computing Locks Up $2M in Second Round
TUCSON, ARIZ. -- Knowledge Computing, provider of software for enabling law enforcement agencies to collect, consolidate, and share data on criminal records via a secure Web-based interface, is expected to announce it has raised $2 million in its second round of financing. [full story]
http://www.knowledgecc.com

 

[Wanda]

8-29-03

8-29-03

Fabless RF Chips Firm Amalfi Semiconductor Raises $12M Series A
LOS GATOS, CALIF. -- Amalfi Semiconductor, a fabless semiconductor company focusing on low-power RF design, said it has raised $12 million in Series A funding. [full story]
http://www.amalfisemi.com


Draper Fisher Launches $100M Canadian Fund with Primaxis
REDWOOD CITY, CALIF. -- Draper Fisher Jurvetson, an early-stage technology venture capital firm, said it plans to open a Toronto-based affiliate with a fund targeted at $100 million in partnership with Ilse Treurnicht, president and CEO of Primaxis Technology Ventures, a venture firm focused on Canadian technology companies. [full story]
http://www.dfj.com
http://www.primaxis.com


Secure E-mail Firm Kryptiq Unlocks $7.9M in Series A
SEATTLE -- Kryptiq, a provider of secure e-mail and software packages that enable healthcare information to be transmitted safely in compliance with the Health Insurance Portability and Accountability Act of 1996 (HIPAA), said it closed $7.9 million in Series A financing. [full story]
http://www.rosettamed.com
http://www.kryptiq.com


Manufacturing Apps Firm Invistics Builds Up with $2.5M Series A
ATLANTA -- Invistics, a provider of manufacturing software that accelerates factory performance, said it closed $2.5 million in Series A funding. [full story]
http://www.invistics.com


American Fiber Systems Raises $6M Series D
ROCHESTER, N.Y. -- American Fiber Systems (AFS), a dark fiber metro infrastructure and transport service provider, said it has raised $6 million in its Series D round of financing. [full story]
http://www.americanfibersystems.com


Target Discovery Tops Off Series A at Over $7M
PALO ALTO, CALIF. -- Target Discovery, a discovery biology company, said it received $2.4 million in additional funding, bringing its Series A total to more than $7 million. [full story]
http://www.targetdiscovery.com