|
|
Enron Mail |
=09VentureWire Alert <http://alert.venturewire.com<; =09 For Jeffrey Dasovic=
h, Enron =09 VENTURE=20 MARKET=20 SUMMARY=20 =09It was an active day on the funding front with 20 companies reeling in $= 196 million. Biotech continues to be a hot sector, with Edinburgh, Scotland= -based Ardana Bioscience, a reproductive health pharmaceutical company, rai= sing GBP 13.3 million ($20 million) in its first round of funding led by Me= rlin Biosciences.=20 Another European life sciences startup, Axxima Pharmaceuticals, a developer= of proprietary small molecule compounds that block signal transduction pat= hways pathogens need to survive, said it received EUR 30.6 million ($27 mil= lion) in third-round funds led by new investor Bear Sterns Health Innoventu= res. The funding was the first Bear Sterns has made through its Health Inno= ventures unit. Meanwhile, NexRay, a Los Gatos, Calif.-based developer of medical x-ray flu= oroscopy systems, said it raised $21 million with most of the financing com= ing from new investors JPMorgan Partners, AIG Global, RiverVest Ventures, W= heatley Partners, and Greater Bay Bank.=20 Also trying to take advantage of the biotech market is Senmed Medical Ventu= res, which operates the venture capital arm of Sentron Medical. The Cincinn= ati-based firm, which invests in mid-stage medical companies, is preparing = to raise its first venture capital fund from outside investors, Skip Dederi= ck, the firm's group director of venture projects, told VentureWire. Senmed= , which now operates an evergreen fund, will begin talking to potential lim= ited partners, targeting approximately $150 million. - By John Fuller <mail= to:fuller@technologicp.com<=09 The complete text of the stories below, as well as 35 additional venture-ca= pital and private-company stories, are available today exclusively to subsc= ribers to our new, premium service, VentureWire Professional. Find out more= . <http://professional.venturewire.com/m2_professional.asp<=20 EXECUTIVE SUMMIT=20 The Fairmont San Jose, CA November 6, 2001 Executive Summit <http://events.venturewire.com/summit/<;Robert C. Miller Chief Executive Officer Slam Dunk Networks A veteran of Silicon Valley, Bob Miller began his career at IBM, where as o= ne of the youngest R&D lab directors in the company's history he led the cr= eation of the first large-scale plasma panels -- the forerunner to the flat= -screen television of today. While at IBM he was awarded six computer and s= ystems architecture patents and was responsible for VTAM, a global networki= ng solution. He left IBM to become COO for the computer systems business of= Data General, where he headed the development of the DG-1, the first fully= PC-compatible laptop, and the Comprehensive Electronic Office, an early ne= tworked office automation solution. Bob later served as CEO of MIPS Compute= rs, where he led the development of the first 64-bit microprocessor. He als= o spearheaded the company's initial public offering and subsequent purchase= by SGI (formerly Silicon Graphics). From MIPS, Bob went on to found NeTpow= er and served as its chairman and CEO. And, on November 6, at the Fairmont = in! San Jose, he will share his perspectives with us on what it takes to co= ntinue growing your company on these trying times. Register today for one o= f the remaining places. <http://events.venturewire.com/summitEvent.asp<;=09 your account <http://alert.venturewire.com/account.asp<; * Change your e-mail address * Thoughts, suggestions, commentary * Cancel your account * This newsletter was mailed to you at: jdasovic@ENRON.COM =20 contact * Send news items to: editor@venturewire.com <mailto:editor@venturewire.c= om< * Send questions, complaints, or service queries to: help@venturewire.com= <mailto:help@venturewire.com< * Send advertising inquiries to: advertise@venturewire.com <mailto:advert= ise@venturewire.com< How to Get Ready Today to Get Bought Tomorrow Mergers and acquisitions will pick up again, perhaps before IPOs do, and few know more about preparing for such an exit strategy than Ammar Hanafi, Matt L'Heureux, Steve Smith, and Les Vadasz. Currently advising HP on its $21 billion takeover of Compaq, Matt heads Goldman's worldwide technology M&A. Steve built Broadview's Silicon Valley business. Les, head of Intel Capital, and Ammar, his counterpart at Cisco, run two of the world's most extensive corporate development and acquisition programs. You'd be hard-pressed to find four more qualified to tell you how to find the right corporate partner and make the relationship work. For straight talk from the voices of authority, register today. VentureWire Executive Summit Managing the Downturn: Survival Strategies for 2002 The Fairmont, San Jose November 6, 2001 =09http://events.venturewire.com/summit/default.asp <http://venturewire.com= /ads/ad.asp?id=3D1439< advertise <http://alert.venturewire.com/adv.asp<; tell a friend <http://venturewire.gazooba.com/cid1201/tellafriend.html<; VENTUREWIRE INDEX <http://venturewire.com/index.asp<; VentureWire Index <htt= p://venturewire.com/index.asp< 485.4 -3.19% =09 NOTABLE DEALS Scottish Reproductive Health Firm Ardana Gets $20M Series A =09 mail <http= ://alert.venturewire.com/o_mailer.asp?sid=3DQLNLPNQLII< =09 EDINBURGH, SCOTLAND -- Ardana Bioscience, a reproductive health pharmaceuti= cal company, said it raised GBP 13.3 million ($20 million) in its first rou= nd of fundraising. [more.. <http://professional.venturewire.com/prostory.as= p<] =09 Divine Acquires Synchrony Communications =09 mail <http://alert.venturewir= e.com/o_mailer.asp?sid=3DHHMJHNJMII< =09 CHICAGO -- Divine, a publicly traded integrated services provider, said it = has acquired Synchrony Communications, a customer interaction management su= ite provider. The terms of the deals were not disclosed. [more.. <http://pr= ofessional.venturewire.com/prostory.asp<] <http://www.synchrony.net<;=20 <http://www.divine.com<; =09 Medical Device Firm NexRay Gets $21 Million in Funding=09 mail <http://ale= rt.venturewire.com/o_mailer.asp?sid=3DIJOMMPIMII< =09 LOS GATOS, CALIF. -- NexRay, a developer of medical x-ray fluoroscopy syste= ms, said it raised $21 million in venture capital financing. [more.. <http:= //professional.venturewire.com/prostory.asp<] =09 Senmed Medical Ventures Raising First Outside Fund=09 mail <http://alert.v= enturewire.com/o_mailer.asp?sid=3DIHJJLIQLII< =09 NEW YORK -- Senmed Medical Ventures, which operates the venture capital arm= of Sentron Medical, is preparing to raise its first outside venture capita= l fund, Skip Dederick, the firm's group director of venture projects, told = VentureWire. [more.. <http://professional.venturewire.com/prostory.asp<;] <http://www.senmed.com<; =09 Bio Firm IatroQuest Gets $4.8 Million in Series A Funds=09 mail <http://al= ert.venturewire.com/o_mailer.asp?sid=3DIPLIQQIMII< =09 MONTREAL -- IatroQuest, a developer miniaturised biosensing technologies fo= r the detection and identification of biological and chemical agents, said = it received $4.8 million in Series A funding. [more.. <http://professional.= venturewire.com/prostory.asp<] <http://www.iatroquest.com<; =09 German Pharma Firm Axxima Raises $27M in Third Round=09 mail <http://alert= .venturewire.com/o_mailer.asp?sid=3DLHNMLKQLII< =09 MARTINSRIED, GERMANY -- Axxima Pharmaceuticals, a developer of proprietary = small molecule compounds that block signal transduction pathways pathogens = need to survive, said it received EUR 30.6 million ($27 million) in third-r= ound funds. [more.. <http://professional.venturewire.com/prostory.asp<;] <http://www.axxima.com<; =09 Server Management Firm BladeLogic Gets $6M First Round =09 mail <http://al= ert.venturewire.com/o_mailer.asp?sid=3DINMPQLHMII< =09 LEXINGTON, MASS. -- BladeLogic, a provider of multi-platform technology to = manage networks of servers running a variety of operating systems, said it = received $6 million in its first round of funding. [more.. <http://professi= onal.venturewire.com/prostory.asp<] <http://www.bladelogic.com<; =09 Starent Networks Raises $22 Million Series B=09 mail <http://alert.venture= wire.com/o_mailer.asp?sid=3DILJLKNHMII< =09 TEWKSBURY, MASS. -- Starent Networks, which develops a platform for wireles= s network providers, said it raised $22 million in its Series B. [more.. <h= ttp://professional.venturewire.com/prostory.asp<] <http://www.starentnetworks.com<; =09 IntelliSpace Adds $10M to Cap Series B at $70M =09 mail <http://alert.vent= urewire.com/o_mailer.asp?sid=3DNKPNINQLII< =09 NEW YORK -- IntelliSpace, an Ethernet IP broadband services provider, said = it raised an additional $10 million in Series B equity funding from Halpern= & Denny and other existing investors to close the round at $70 million. Th= e company has raised more than $110 million to date. [more.. <http://profes= sional.venturewire.com/prostory.asp<] <http://www.intellispace.com<; =09 Online Gamer Artifact Entertainment Gets $4.5M in Round Two=09 mail <http:= //alert.venturewire.com/o_mailer.asp?sid=3DLNOMLIKMII< =09 MESA, ARIZ. -- Artifact Entertainment, a developer of online, multiplayer g= ames and technology, said it raised $4.5 million in its second round of fun= ding. [more.. <http://professional.venturewire.com/prostory.asp<;] <http://www.artifact-entertainment.com< =09 Software Development Firm Lohika Gets $1.25M Series A=09 mail <http://aler= t.venturewire.com/o_mailer.asp?sid=3DILHOOIIMII< =09 SAN MATEO, CALIF. -- Lohika Systems, which provides outsourced software dev= elopment, integration, and maintenance services, said it completed its Seri= es A financing. It raised $1.25 million from a group of individual investor= s. [more.. <http://professional.venturewire.com/prostory.asp<;] <http://www.lohika.com<; =09 Saving Costs via Optics With capital scarce and bandwidth aplenty, optical components manufacturers face tough market conditions. Now, systems companies are focusing on reducing costs and helping carrier do more with the capacity they already have. Happily, a number of optical technology companies appear well positioned to capitalize on this trend. At Optical Portfolio, you'll hear from startups such as Symmorphix, Telephotonics and Proximion Fiber Optics, which are using integration, tunability, and real-time network monitoring to create more intelligent and efficient optical networks. VentureWire Optical Portfolio, Boston Marriott Cambridge, October 24 & 25. The resources necessary to Register online: http://www.opticalportfolio.com <http://venturewire.com/ads/ad.asp?id=3D144= 0< Electronic Library netLibrary Seeks Buyer, Cuts Salaries=09 mail <http://a= lert.venturewire.com/o_mailer.asp?sid=3DQNQQIOIMII< =09 BOULDER, COLO. -- netLibrary, a provider of e-books and Internet-based cont= ent management services for the institutional library market, said it is se= eking a buyer. The company also significantly reduced employees' salaries a= nd said future employment of its staff would be dependent on identifying an= interested buyer and related bridge loan financing. [more.. <http://profes= sional.venturewire.com/prostory.asp<] <http://www.netlibrary.com<; =09 A funny thing happened on the way to the market The resources necessary to conduct clinical trials require an enormous investment and small road bumps in the drug approval process can kill a promising drug. For many start-ups, one strike means you're out. New technologies and business models, however, promise to dramatically change trial management. This year's Healthcare Outlook will look at the impact of clinical trials on emerging companies as well as the investment opportunities available in companies that look to change the status quo. Healthcare Outlook's Private Equity Platform has dedicated a special track that will feature management presentations by early-stage companies looking to improve the clinical trial process. In addition, the meeting will feature an industry roundtable, From the Pipeline Through Clinical Trials, moderated by Sam Collela, Managing Director of Versant Ventures. Healthcare Outlook, Biotechnology and Pharmaceuticals: Discovery, Development and Delivery. Healthcare Outlook January 22, 2002 San Francisco Airport Marriott, Burlingame, Calif =09http://www.healthcareoutlook.com <http://venturewire.com/ads/ad.asp?id= =3D1441< To cancel, change, or update your subscription: <http://alert.venturewire.com/account.asp<; =09
|