vc report
TRANSCRIPT
E7100SUNDAY, FEBRUARY 21, 2010 BAY AREA NEWS GROUP
VENTURE CAPITAL QUARTERLY REPORT
Business services
Recipient/Amount
Primary venture capital investors
Product
Blue Horizon Foods Aptos
$737,000
ATA Ventures * CMEA Capital Supplier of branded and privatelabel seafood
Blue Jeans Network Palo Alto
$2,638,000
Lightspeed Venture Partners Service provider
Branders.com San Mateo
$5,000,000
INVESCO Private Capital *Investor Growth Capital * NewEnterprise Associates
Online seller of promotional items
CheggSanta Clara
$57,000,000
Gabriel Venture Partners * InsightVenture Partners * Kleiner PerkinsCaufield & Byers * Undisclosedfirm
Online textbook rental service
CleanFishSan Francisco
$2,000,000
Accel Partners * BV Capital * DuffAckerman & Goodrich * KhoslaVentures
Sources and distributes seafood
CloudFlareSan Francisco
$2,000,000
August Capital Management Enables Web site security
CloudShareMenlo Park
$10,000,000
Granite Ventures * firstVentury Virtualization technology
kaChing GroupPalo Alto
$7,500,000
Draper Fisher Jurvetson Investing talent marketplace
Progress FinancialMountain View
$15,000,000
Draper Fisher Jurvetson Consumer loans
SquareSan Francisco
$10,000,000
Mission Ventures * Sierra Ventures Payment service company
Vizu San Francisco
$6,750,000
Columbia Capital * GGV Capital* Global Catalyst Partners *U.S. Venture Partners * Venrock Associates
Online opinion polling and marketresearch
Working Equity San Francisco
$5,000,000
Coral Capital Management *Menlo Ventures
Real-estate related financial services
Biotechnology/health
Recipient/Amount
Primary venture capitalinvestors
Product
23andMe Mountain View
$14,200,000
Granite Ventures * Intel Capital *Tallwood Venture Capital
Genetic information services
AcelRx Pharmaceuticals Redwood City
$14,814,000
JK&B Capital Drug-device therapy for the treatment of pain
ACT BiotechSan Francisco
$500,000
Chevron Technology Ventures * Flagship Ventures * Khosla Ventures * Lightspeed VenturePartners
Therapeutic tools for cancer patients
ApieronMenlo Park
$700,000
New Enterprise Associates Biosensor products for themanagement of asthma
Artemis HealthSan Carlos
$9,000,000
Bay Partners * Hummer WinbladVenture Partners
Technologies for analyzingmaternal blood screen
AtheroMedMenlo Park
$2,360,000
Greener Capital Partners Treatment for peripheral arterial disease
Aviir Palo Alto
$999,900
Catamount Ventures * DBLInvestors * NewSchools VentureFund
Diagnostic tests for cardiovasculardisease
BioImagene Sunnyvale
$12,000,000
DCM Digital pathology solutions
CardioKinetixMenlo Park
$1,600,000
Blumberg Capital Ventures *Bullet Time Ventures * DraperFisher Jurvetson * Institutional Venture Partners * Quest Ventures * SoftTech VC
Medical devices
CortheraSan Mateo
$15,002,100
JK&B Capital * Quicksilver Ventures
Biopharmaceutical company
Corventis San Jose
$10,000,000
Accel Partners * Goldman Sachs Medical devices
Crescendo Bioscience South San Francisco
$7,600,000
Draper Fisher Jurvetson *Inventus Capital Partners * QuestVentures
Quantitative and objectivediagnostic tools
EBR Systems Sunnyvale
$15,000,000
Comcast Interactive Capital *Palomar Ventures * SequoiaCapital
Devices for use in the treatment ofcardiac arrhythmias
EmSenseSan Francisco
$9,000,000
Battery Ventures * BlueRunVentures * El Dorado Ventures
Scalable physiological andbrainwave measurement technology
FluidigmSouth San Francisco
$18,532,800
Alloy Ventures * EDB InvestmentsPte Ltd * EuclidSR Partners *InterWest Partners * Tenaya Capital *Undisclosed Firm * Versant Ventures
Integrated fluidic circuit systems
Fountain MedicalDevelopment
Menlo Park $300,000
ARCH Venture Partners * AltitudeLife Science Management * OVPVenture Partners * Sevin RosenFunds
Contract research organization
Intuity MedicalSunnyvale
$64,000,400
Emergent Medical Ventures * Investor Growth Capital *Investor Growth Capital *Thomas McNerney & Partners *U.S. Venture Partners * Venrock Associates * Versant Ventures
Medical devices
KineMed Emeryville
$538,000
Alta Partners Drug development
Microchip Biotechnologies Pleasanton
$18,100,000
Domain Associates * In-Q-Tel* Inc. * Samsung VentureInvestment Corporation *Undisclosed Firm * Western Technology Investment
Microfluidic and nanofluidic technologies
NellixPalo Alto
$105,000
Kodiak Venture Partners Surgical devices
NeoTract Pleasanton
$4,374,900
Frazier Healthcare and TechnologyVentures * Pappas Ventures * RWIVentures * Synergy Life Science Partners
Medical devices
Neuraltus Pharmaceuticals Palo Alto
$3,000,000
Spectrum Equity Investors Pharmaceutical company
NGM Biopharmaceuticals South San Francisco
$9,600,000
Fidelity Ventures * Venrock Associates
Biopharmaceutical company
OncoMed Pharmaceuticals Redwood City
$999,000
Panorama Capital Series of therapies for solid tumors
Precision LightLos Gatos
$1,850,000
Amazon.com * Bay Partners *Benchmark Capital * Duff Ackerman& Goodrich * New Enterprise Associates * Presidio STX
Medical devices
ProMed Santa Clara
$2,000,000
Amicus Capital Medical devices
Consumer goods/services
Recipient/Amount
Primary venture capitalinvestors
Product
AlikeList Sunnyvale
$5,000,000
Focus Ventures * Sequoia Capital Online personal directory
Bella Pictures San Francisco$10,299,900
Alloy Ventures * Siemens Venture Capital * U.S. Venture Partners
Wedding photography and videography services
BookRenter.comSan Jose
$6,000,000
Draper Fisher Jurvetson * DraperRichards
Online textbook rental service
Credit Karma San Francisco
$2,100,000
BlueRun Ventures Consumer credit scoring servicesonline
Curse San Francisco
$6,000,000
Atlas Venture * Benchmark Capital* DFJ Esprit
Online games
eCastSan Francisco
$17,000,000
Crosslink Capital * DCM * Escalate Capital * Foundry Group *Undisclosed firm
Digital entertainment media
iCiX San Mateo
$5,775,000
Panorama Capital * U.S. VenturePartners * Venrock Associates *VentureTech Alliance * WaldenInternational
Online compliance informationexchange
IngBooSunnyvale
$800,000
CMEA Capital * Menlo Ventures *Redpoint Ventures
Internet utility enabling users to organize Web activities
Jingle Networks Menlo Park
$6,751,000
Grazia Equity * Sequoia Capital *Sigma Partners * Southern Cross Venture Partners * Swisscom AG *Venrock Associates
Callers with alternative service fordirectory assistance
KakaiSanta Clara
$7,500,000
Draper Fisher Jurvetson * Trinity Ventures
Electronic reading devices
Life360San Francisco
$750,000
Granite Ventures * KeynoteVentures
Family safety and security Web site
Milo.comPalo Alto
$3,999,900
Domain Associates * EssexWoodlands Health Ventures *Scale Venture Partners * SynergyLife Science Partners
Online shopping engine
MyFit Mountain View
$1,000,000
Duff Ackerman & Goodrich *Kleiner Perkins Caufield & Byers * Menlo Ventures * VantagePointVenture Partners
Information for college admission
NetPulse San Francisco
$3,100,000
Benchmark Capital * Insight Venture Partners * InstitutionalVenture Partners * MorganStanley Venture Partners * Spark Capital * T. Rowe Price ThresholdPartnerships
Entertainment tools
Outright Campbell
$5,500,000
Azure Capital Partners *Foundation Capital * MenloVentures * Riverwood Capital *Sprout Group * St. Paul VentureCapital
Bookkeeping services
Plato's Forms San Francisco
$545,000
Undisclosed firm Communication platform
Playdom Mountain View
$42,999,900
Lightspeed Venture Partners * New Enterprise Associates * Norwest Venture Partners *Steamboat Ventures
Social, online gaming
PowerReviews San Francisco
$4,937,100
Masthead Venture Partners Online interactive shoppingservices
RepairPalEmeryville
$7,351,000
Norwest Venture Partners *Sequoia Capital * Storm Ventures
Online auto repair site
RiseSmartSan Jose
$4,580,000
Essex Woodlands Health Ventures Online job portal
Rock YouRedwood City
$50,000,000
Softbank Software
Sezmi Belmont
$24,966,000
Index Ventures * LegendVentures * MorgenthalerVentures * Omni Capital Group *Telecommunications DevelopmentFund * Undisclosed firm
Video entertainment platforms
Spigit Pleasanton
$10,000,000
Draper Fisher Jurvetson Social productivity/networkingtools
StockTwits Oakland
$3,050,000
Draper Fisher Jurvetson Information service for investments
Watercooler Mountain View
$5,500,000
Greenmont Capital Partners Entertainment applications forsocial networks
This is a listing of many of the Bay Area companies that received venture capital financing from Oct. 1 to Dec. 31. Most of the data was compiled from a survey conducted by PricewaterhouseCoopers, Thomson Venture Economics and the National Venture Capital Association in conjunction with the Mercury News.For some investments there may have been other participants in the round who are not credited. Also, the amounts listed may not include all venture fundingthe company received during the quarter.
Energy/industrial
Recipient/Amount
Primary venture capitalinvestors
Product
Cambrios TechnologiesSunnyvale
$3,500,800
Kleiner Perkins Caufield & Byers Electronic materials for the display industry
Coulomb TechnologiesCampbell
$7,500,000
Carmel Ventures * GreylockPartners * Opus Capital
Recharging tools for electric cars
Intematix Fremont
$3,999,900
Brandon Capital Partners *Playford Capital * Terra RossaCapital
Phosphor materials
Oorja ProtonicsFremont
$1,100,000w
Accel Partners * Foundation Capital
Alcohol-based fuel cell systems
People Power Palo Alto
$850,000
Undisclosed firm Energy consumption monitoringsolutions
Redwood Systems Fremont
$8,000,000
Otter Capital Commercial building energyconservation tools
Renewable Funding Oakland
$12,258,900
Norwest Venture Partners *Sofinnova Ventures
Renewable energy and energy efficiency financing
Serious Materials Sunnyvale
$4,095,000
De Novo Ventures * Novo AS *Thomas * McNerney & Partners *Vaekstfonden
Eco-friendly materials
SolarCity Foster City
$24,000,000
Draper Fisher Jurvetson *Undisclosed firm
Solar power energy installation
SunLink San Rafael
$1,800,000
Carmel Ventures * Sequoia Capital * Tenaya Capital
Engineered solar mountingsystems
Tioga EnergySan Mateo
$20,000,100
Draper Fisher Jurvetson *NGEN Partners *Nth Power *Undisclosed firm
Renewable energy
XOJET San Carlos
$100,000,000
TPG Growth * Undisclosed firm Private aviation company
YottaMark Redwood City
$8,000,100
DoCoMo Capital Security products
E8 BAY AREA NEWS GROUP SUNDAY, FEBRUARY 21, 2010100
VENTURE CAPITAL QUARTERLY REPORTHardware/instruments
Recipient/Amount
Primary venture capitalinvestors
Product
Bigfoot Networks Redwood City
$8,000,000
JAFCO Ventures * New Enterprise Associates
Gaming network technologycompany
Cloud EnginesSan Francisco
$3,000,000
Meakem Becker Venture Capital Device that helps users access their files anywhere
Data RoboticsSanta Clara
$9,975,000
Undisclosed Firm * WaldenVenture Capital
Storage hardware
HintSan Francisco
$800,000
Polaris Venture Partners Flavored water beverages
KidlandiaSan Francisco
$735,000
Norwest Venture Partners *Sequoia Capital
Web site for creating and selling fantasy maps
Ocarina Networks San Jose
$3,000,000
Menlo Ventures Storage optimization solutions
Personal Web Systems Palo Alto
$1,200,000
New Enterprise Associates *Quercus Equity * Westly Group
Web browser
PowerFile Foster City
$11,720,000
GrandBanks Capital Online archive solutions
RaydiancePetaluma
$3,100,000
vSpring Capital Commercial laser technologiesapplications
RPOSan Jose
$19,300,200
Allen & Buckeridge Pty *BASF Venture Capital * JAFCOInvestment * Jolimont Capital * Neo Technology Ventures *Undisclosed firm
Optical touch technology
ShotSpotterMountain View
$250,000
Greenhouse Capital Partners Gunshot positioning systems
VeloMedix Menlo Park
$3,500,100
Morningside Venture Investments Therapeutic device forhypothermia
Networking/telecommunications
Recipient/Amount
Primary venture capitalinvestors
Product
1020San Francisco
$5,000,100
INVESCO Private Capital *Norwest Venture Partners *Sequoia Capital * Tenaya Capital
Campaign management andreporting tools
AdchemyRedwood City
$30,999,900
August Capital Management *Mayfield Fund * Undisclosed firm
Internet marketing services
Aperto Networks Milpitas
$1,069,000
Battery Ventures * U.S. VenturePartners
Broadband wireless access systems
BizoSan Francisco
$6,000,000
DCM * El Dorado Ventures *VantagePoint Venture Partners
Online B2B marketing
BridgeWave Communications Santa Clara
$2,418,000
Borealis Ventures Markets wireless access technologies
Brilliant Telecommunications Campbell
$7,599,900
Sofinnova Ventures GSM base station timing hardware
Cc:Betty Palo Alto
$500,000
Flagship Ventures * InterWestPartners * Panorama Capital * Prospect Venture Partners *Sofinnova Ventures
Web page to have discussion andshare contents
Chelsio Communications Sunnyvale
$8,000,200
New Enterprise Associates Scalable protocol offload chips and adapter cards
ConvivaSan Mateo
$2,000,000
Draper Fisher Jurvetson * DraperRichards * Greylock Partners *Tugboat Ventures
Internet video distribution
Cyan OpticsPetaluma
$22,000,000
Azure Capital Partners * NorwestVenture Partners * Tenaya Capital
Communications service providers
Dilithium Networks Petaluma
$10,900,000
Wellington Partners VentureCapital
Audio and video communications
Flurry San Francisco
$7,041,200
First Round Capital * FoundersFund * Maples Management
Next-generation mobileapplications
GlobalMotion MediaPalo Alto
$1,000,000
Khosla Ventures * Sigma Partners GPS community for trip sharing
HyTrust Mountain View
$10,000,000
Foundation Capital * IDG Ventures SF
Virtualization platform security and compliance
IPWireless San Francisco
$15,500,100
Spark Capital * Undisclosed firm Wireless technology for wireless Internet access
Joyent Sausalito
$4,000,000
Johnson & Johnson Development* New Enterprise Associates
Cloud computing technology
Kaazing Mountain View
$730,000
BRM Capital * Opus Capital Real-time Web communicationsolutions
Mollyguard San Francisco
$6,464,000
Rho Ventures Online event management and ticketing services
Ooma Palo Alto
$713,000
August Capital Management* DCM * Emergence CapitalPartners
And markets domestic phonesystems
Ooyala Mountain View
$9,999,900
Allegis Capital * WorldviewTechnology Partners
Online video company
Palantir TechnologiesPalo Alto
$34,989,000
Founders Fund Data analysis software
PalaranSunnyvale
$856,000
First Round Capital * Foundation Capital * Mayfield Fund
Internet services
Pancetera Software Santa Clara
$2,000,000
Bessemer Venture Partners *Cardinal Venture Capital * CoralCapital Management * FocusVentures * Ironwood Capital *T-Venture Holding * WorldviewTechnology Partners
Virtual storage solutions
Plastic Jungle Mountain View
$1,188,000
Cheyenne Capital Fund *EnerTech Capital * Foundation Capital * Mesirow Private Equity Investments * Navitas Capital* New Enterprise Associates *Rustic Canyon Partners * Saints Ventures * Staenber
Web site for trading gift cards
ResponseLogix Sunnyvale
$5,600,000
ARCH Venture Partners Online automotive sales leadsplatform
Rocket Fuel Redwood City
$3,000,000
Altos Ventures * DCM * SBI Investment * SyncomManagement
Online advertising services
RondavuSan Francisco
$1,000,000
Cardinal Venture Capital * SelbyVenture Partners
Online event marketing services
SnapLogicSan Mateo
$2,300,100
CampVentures Open-source Internet dataservices solution
Sonoa Systems Santa Clara
$1,307,000
ARCH Venture Partners * AlloyVentures * Oxford BiosciencePartners
Enterprise IT infrastructure products
Teneros Mountain View
$4,111,200
Channel Medical Partners Continuity tools for applications
Semiconductors
Recipient/Amount
Primary venture capitalinvestors
Product
Alien Technology Morgan Hill
$9,477,000
JAFCO Ventures * Kleiner Perkins Caufield & Byers
UHF Radio Frequency Identification products and services
Aquantia Milpitas
$34,999,900
Greylock Partners * Lightspeed Venture Partners * New Enterprise Associates * Pinnacle Ventures *VentureTech Alliance
Physical layer transceivers
Canesta Sunnyvale
$5,516,000
ABS Capital Partners * Sprout Group
Electronic perception technology
DisceraSan Jose
$5,228,000
ATA Ventures * Adams StreetPartners * Argonaut Partners *Barry Financial * Carlyle Group *DuPont Ventures * Global CatalystPartners * SMAC Partners * SaintsVentures * T-Venture Holding
CMOS MEMS resonator technology
DisplayLink Palo Alto
$8,000,000
Rising Tide Fund Semiconductors
Element Labs Santa Clara
$4,017,000
Draper Fisher Jurvetson ePlanetVentures * EDF Ventures *Foundation Medical Partners *Johnson & Johnson Development Corporation * New Leaf VenturePartners * Spray Venture Partners * VantagePoint Venture
Light-emitting diode technology
EoPlex Technologies Redwood City
$3,789,900
Kaiser Permanente Ventures Devices to manage energy
Fangtek Cupertino
$3,000,000
Menlo Ventures * Mohr DavidowVentures
Integrated circuits
InnovaLight Sunnyvale
$15,000,000
Cardinal Venture Capital * Highland Capital Partners *Worldview Technology Partners
Optoelectronic applications
LedEngin Santa Clara
$6,013,000
U.S. Venture Partners LED Components
Link_A_Media Devices Santa Clara
$18,000,000
Itochu Technology * Inc. * KeynoteVentures * Lightspeed VenturePartners * SunAmerica Ventures *Undisclosed Firm
System on Chip tools
PINC Solutions Berkeley
$3,085,000
Greylock Partners Real time asset visibility solutions
Quantenna Communications Fremont
$5,000,000
Apax Partners Worldwide *Challenge Fund - Etgar LP *Evergreen Venture Partners *Stage One Ventures * TrilogyEquity Partners
Semiconductors
SandForce Saratoga
$20,999,700
DCM * Darwin Ventures LLC *Storm Ventures * TransLink Capital * UMC Capital * Undisclosed Firm* Undisclosed Firm
Flash drive processors
Santur Fremont
$4,291,000
HLM Venture Partners *Morgenthaler Ventures * Skyline Ventures * Three Arch Partners *Venrock Associates
Integrated optical components and tunable source lasers
Suvolta Los Gatos
$3,000,000
Benchmark Capital * Duff Ackerman & Goodrich * FirstRound Capital * Founders Fund * Shasta Ventures Management *Sherpalo Ventures
Semiconductors
T-RAM Semiconductor Milpitas
$480,000
Kleiner Perkins Caufield & Byers * SV Life Sciences Advisers
Memory components and IP
UPEKEmeryville
$6,157,000
Menlo Ventures silicon-based fingerprint securitysolutions
VeriSilicon HoldingsSanta Clara
$7,784,000
Kleiner Perkins Caufield & Byers Silicon products
XceiveSanta Clara
$500,100
AllianceBernstein L.P. * Alloy Ventures * Blackstone Group* Duff Ackerman & Goodrich * Intel Capital * Kleiner Perkins Caufield & Byers * MaverickCapital * Mohr Davidow Ventures * Monsanto
RF-to-baseband transceiver
Software
Recipient/Amount
Primary venture capitalinvestors
Product
Aggregate Knowledge Foster City
$9,000,000
Azure Capital Partners * Hummer Winblad Venture Partners
Internet search software based onbehavioral patterns
Ansca Palo Alto
$1,000,000
Bay Partners * Redpoint Ventures Platform for creating native iPhone applications
Aravo Solutions San Francisco
$27,000,000
Big Sky Partners * Cisco Systems * Individuals
Management software
Asana Menlo Park
$10,512,000
August Capital Management Enterprise focused collaboration software
Assia Redwood City
$10,000,000
Braemar Energy Ventures *Catamount Ventures * Intel Capital
Software products for digital subscriber line service providers
AtievaMountain View
$7,100,000
Bay Partners * Madrona VentureGroup
Battery charging generators
AzuroSanta Clara
$1,000,000
GSR Ventures * Khosla Ventures Electronic design automationsoftware
BlazentSan Mateo
$6,000,000
Battery Ventures * DCM *Globespan Capital Partners *Trinity Ventures
Information technology softwareservices
Bling NationPalo Alto
$20,000,000
Balderton Capital * CampVentures* Lightspeed Venture Partners *Undisclosed firm
Mobile payment solutions forcommunity banks
Bump TechnologiesMountain View
$1,000,000
ARCH Venture Partners * ATA Ventures * Vista Ventures
Mobile application
C3Foster City
$10,000,000
Hummer Winblad Venture Partners Software for business use
Clarizen San Mateo
$8,000,100
CMEA Capital * U.S. VenturePartners
Enterprise-grade project management services
CubeTree Redwood City
$8,000,000
Benchmark Capital * Charles RiverVentures
Enterprise collaboration suite
EcoFactor Redwood City
$2,400,000
Granite Ventures * InterWestPartners
Managing residential energy
Evernote Mountain View
$10,000,000
Undisclosed firm Information capturing technologies
Evolv Daly City
$8,247,000
Bay Partners Hiring management tools
Fanfare GroupMountain View
$7,085,000
Unavailable Software tools to high-tech equipment vendors
FlightCasterSan Francisco
$1,300,000
Foundation Capital * Sequoia Capital
Algorithm that predicts flightdelays
Genius.comSan Mateo
$6,500,000
Scale Venture Partners Web analytics
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