Venture Capital Survey, Third Quarter 2011
VENTURE CAPITAL FUNDING THIRD QUARTER 2011
This is a listing of many of the Bay Area firms that received venture capital financing between
July 1 and Sept. 30, 2011. 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.
In the case of some investments there may have been other participants in the round who are not
credited. Also, the amounts listed may not include all venture funding the company received during
the quarter.
*Indicates this is a seed or first-round infusion of money from venture capitalists. These
companies may have received money previously from other investors and aren't necessarily startups.
BIOTECHNOLOGY/HEALTH
Name City Stage Amount Investors Business Description
Therapeutics for chronic
Adynxx San Francisco Startup/Seed $2,000,000 Domain Associates pain
South San Bay City Capital, Canaan Biopharmaceutical drug
Altheos Francisco Startup/Seed $6,560,000 Partners, Novo A/S developer
Amgen, CMEA Capital,
individuals, New Enterprise Therapeutics acting in the
Ardelyx Fremont Early Stage $12,300,000 Associates gastrointestinal tract
NoventiOak Investment
Aurora Algae Hayward Expansion $17,000,100 Partners, undisclosed firm Algae-based products
InterWest Partners, Kleiner
Perkins Caufield & Byers, Miniaturized implantable
Autonomic Technologies Redwood City Early Stage $32,124,900 Versant Ventures neurostimulation device
Asset Management
Company, Emergent Medical Medical device developer for
Biomimedica Berkeley Startup/Seed $2,222,000 Ventures cartilage replacement
New Leaf Venture Partners,
Panorama Capital, SV Life
Sciences Advisers, U.S.
Venture Partners, Medical devices for treating
CardioKinetix Menlo Park Later Stage $24,558,000 undisclosed firm congestive heart failure
5AM Ventures, Astellas
Venture Management, Clarus
Ventures, OrbiMed Advisors,
U.S. Venture Partners, Small molecule therapeutics
Cleave Biosciences* Burlingame Startup/Seed $42,000,200 undisclosed firm for cancer
Surgical and medical
CoAlign Innovations Brisbane Expansion $6,286,000 Alloy Ventures devices
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Venture Capital Survey, Third Quarter 2011
BioStar Ventures, New
Enterprise Associates,
Synergy Partners, Western Drug-eluting balloon platform
CV Ingenuity Palo Alto Early Stage $16,011,100 Technology Investment technology
Canaan Partners, New
Dermira* Redwood City Startup/Seed $13,726,000 Enterprise Associates Biopharmaceutical company
5AM Ventures, F. Hoffmann-
La Roche AG, Mohr Davidow
Ventures, Pfizer Venture Analytical equipment and
DVS Sciences Sunnyvale Expansion $10,600,000 Investments, undisclosed firm reagents
St. Paul Venture Capital, Medical implant devices
EBR Systems Sunnyvale Later Stage $10,000,000 undisclosed firms developer
Scientific Health
EMKinetics* Campbell Early Stage $8,000,000 Development Electro medical equipments
South San Kodiak Venture Partners, Microfluidic systems for
Fluxion Biosciences Francisco Expansion $12,000,000 undisclosed firm single-cell analysis
Halt Medical Livermore Expansion $2,000,000 American Capital Uterine fibroid device
5AM Ventures, Adams Street
Partners, Frazier Healthcare
and Technology Ventures,
Technology Partners,
Incline Therapeutics Redwood City Early Stage $21,500,000 undisclosed firm Pharmaceuticals
Kleiner Perkins Caufield &
Byers, Medtronic, PTV
Sciences, U.S. Venture
Intersect ENT Palo Alto Later Stage $1,019,200 Partners Medical device company
Accuitive Medical Ventures,
Investor Growth Capital,
Thomas, McNerney &
Partners, U.S. Venture Therapeutic medical devices
Partners, Venrock to monitor blood glucose
Intuity Medical Sunnyvale Later Stage $12,000,000 Associates, Versant Ventures levels
Asset Management, Johnson
& Johnson Development,
Prism VentureWorks, Three
iScience Interventional Menlo Park Later Stage $3,000,000 Arch Partners Microcatheter technologies
Pathway-based drug
discovery and development
KineMed Emeryville Later Stage $1,815,000 undisclosed firms company
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Venture Capital Survey, Third Quarter 2011
Big Sky Partners, Fisher
Capital Partners, GreenhouseMolecular diagnostic
Linkage Biosciences San Francisco Expansion $2,100,000 Capital Partners products for genetic testing
Mendel Biotechnology Hayward Later Stage $8,387,000 undisclosed firm Plant genes function
Accuitive Medical Ventures, Medical devices for facial
MyoScience Redwood City Early Stage $3,233,300 De Novo Ventures rejuvenation
Domain Associates,
InterWest Partners, Johnson
& Johnson Development
Corporation, Kleiner Perkins
Caufield & Byers, New
Enterprise Associates, Medical device products
NeuroPace Mountain View Later Stage $49,126,000 undisclosed firm manufacturer
Aberdare Ventures, Accuitive
Medical Ventures, Bay City
Capital, Johnson & Johnson
Development Corporation,
MPM Capital, Three Arch
Nevro Menlo Park Expansion $58,605,000 Partners, undisclosed firm Pain treatment solutions
Band of Angels, HealthTech
Capital, Sand Hill Angels, Tools for patient
Niveus Medical Palo Alto Early Stage $2,000,000 undisclosed firm interventions
Alloy Ventures, Sutter Hill Proprietary technologies and
NuGEN Technologies San Carlos Later Stage $3,500,000 Ventures products for genetic analysis
Column Group, individuals, Drug discovery and
Peloton Therapeutics* San Francisco Early Stage $18,000,000 undisclosed firm development services
Abingworth Management,
Lightspeed Venture Partners,
Personalis* Cupertino Expansion $5,007,000 Mohr Davidow Ventures Biotechnology company
Alloy Ventures, Clarus
Ventures, InterWest Robotic technology for
Restoration Robotics Mountain View Later Stage $41,000,000 Partners, Sutter Hill Ventures aesthetic surgeries
Alta Partners, Clarus
Ventures, Rho Capital Ophthalmic
SARcode Bioscience Brisbane Expansion $37,358,000 Partners, Sofinnova Ventures biopharmaceutical company
Page 3 of 20
Venture Capital Survey, Third Quarter 2011
Advanced Technology
Ventures, individuals,
Morgenthaler Ventures,
Seraph Group, Wavepoint Analysis of bacterial and
Second Genome San Francisco Early Stage $5,000,000 Ventures archaeal taxa in samples
Clarus Ventures, undisclosed
SFJ Pharmaceuticals Pleasanton Early Stage $23,000,000 firm Pharmaceutical company
Montreux Equity Partners,
Skyline Ventures, Spinal medical device
SI-BONE San Jose Expansion $16,000,000 undisclosed firm company
ARCH Venture Partners,
Alloy Ventures, Altitude Life
Science Management, Kleine
Perkins Caufield & Byers, Lux
Capital, Presidio STX, Alternatives for fuels and
Siluria Technologies San Francisco Early Stage $20,001,800 undisclosed firm chemicals
De Novo Ventures, Norwest
Venture Partners, U.S.
Simpirica Spine San Carlos Expansion $14,984,000 Venture Partners Medical device solutions
Sanderling Ventures,
TheraVida Mountain View Early Stage $1,300,000 undisclosed firm Pharmaceutical company
South San Domain Associates,
VeraCyte Francisco Early Stage $9,312,000 undisclosed firm Molecular tests
Alloy Ventures, Mohr
Davidow Ventures, Sutter Hill Non-invasive tests for fetal
Verinata Health San Carlos Later Stage $46,500,000 Ventures chromosomal abnormalities
Mohr Davidow Ventures, DNA that reduce the risk of
VitaPath Genetics Foster City Early Stage $4,153,000 X/Seed Capital Management serious disease
BUSINESS SERVICES
Name City Stage Amount Investors Business Description
August Capital Management,
Adchemy Foster City Later Stage $61,000,000 Mayfield Fund, Microsoft Internet marketing services
Security information and
Adara Venture Partners, event management (SEIM)
AlienVault Campbell Later Stage $7,265,000 Trident Capital solutions
Allegis Capital, Peninsula
Ventures, Scale Venture On-demand data protection
Axcient Mountain View Expansion $15,500,000 Partners, Thomvest Ventures services
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Venture Capital Survey, Third Quarter 2011
El Dorado Ventures, Norwest
Venture Partners, Trinity
Badgeville* Menlo Park Early Stage $12,000,100 Ventures, undisclosed firm Social loyalty platform
New Enterprise Associates,
Pelion Venture Partners, Cloud-based firewall
CloudFlare San Francisco Early Stage $20,000,100 Venrock Associates solutions
Automated marketing and
Floodgate Fund, Palo Alto communication Internet
Demandforce San Francisco Later Stage $10,000,000 Venture Partners services
O'Reilly Alpha Tech
DoubleDub* San Francisco Early Stage $1,075,000 Ventures, undisclosed firm Products and services
Eightfold Logic San Francisco Expansion $373,000 Rho Capital Partners Inbound marketing platform
Five Apes Palo Alto Early Stage $2,000,000 Tugboat Ventures Vehicle for entrepreneurship
Handl* Menlo Park Startup/Seed $1,500,000 Menlo Ventures Products and/or services
Kleiner Perkins Caufield & Real-estate related financial
Home Value Protection San Francisco Early Stage $472,000 Byers services
Vertical ad network for
premium shopping and
Longboard Media* San Francisco Early Stage $5,000,000 Level Equity commerce publishers
A mobile advertising network
Accel Partners, Harrison for mobile applications and
MoPub* San Francisco Early Stage $6,500,000 Metal Capital websites
DFJ Frontier, Individuals,
New Atlantic Ventures,
My Wines Direct Napa Expansion $3,563,900 undisclosed firm Online wine distributor
Menlo Ventures, Split Rock
Nexxo Financial San Bruno Later Stage $3,000,000 Partners, Sutter Hill Ventures Money transfer services
Infrastructure analytics for
Nodeable* San Francisco Early Stage $2,000,000 True Ventures cloud-based systems
NEST Managment, ONSET
Ventures, Redpoint Ventures,
Obopay Redwood City Expansion $8,760,000 undisclosed firm Mobile payment services
Institutional Venture Partners Retail investment
Personal Capital Redwood City Early Stage $15,000,000 Venrock Associates management services
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Venture Capital Survey, Third Quarter 2011
Khosla Ventures, Kleiner
Perkins Caufield & Byers,
Sequoia Capital, undisclosed
Square San Francisco Expansion $4,000,000 firm Mobile payment services
BOLDstart Ventures, Google
Ventures, IA Ventures
,Individuals, Metamorphic
Ventures, Qualcomm
Ventures, Real Ventures,
Zelkova Ventures, ff Venture Yield management solution
ThinkNear* Mountain View Early Stage $1,600,200 Capital for local businesses
Marketing technology and
Individuals, Kohlberg database provider for the
Vintners' Alliance* San Francisco Early Stage $1,300,000 Ventures wine industry
Baseline Ventures, Floodgate
Fund, individuals, Lucas
Venture Group, Mohr Online English dictionary
WordNik San Mateo Expansion $1,000,200 Davidow Ventures services
Foundation Capital, Sigma
Zetta Sunnyvale Expansion $9,000,000 Partners Cloud storage solutions
Cardinal Venture Capital,
Highland Capital Partners,
Panorama Capital, Worldview Mobile marketing services
Zoove Palo Alto Expansion $19,544,000 Technology Partners provider
CONSUMER GOODS /
SERVICES
Name City Stage Amount Investors Business Description
Andreessen Horowitz, Digital
Sky Technologies Ltd,
General Catalyst Partners, Community marketplace that
Airbnb San Francisco Expansion $112,000,100 Greylock Partners offers rental spaces
Foundation Capital, Google
Ventures, individuals, Social learning games for
Airy Labs* Palo Alto Startup/Seed $1,500,000 undisclosed firm kids
J.P. Morgan Chase, Noise cancellation
AliphCom San Francisco Later Stage $40,000,000 undisclosed firm technology
Aria Glassworks Mountain View Startup/Seed $100,000 August Capital Management Web-based platform
Google Ventures, individuals,
Astrid* San Francisco Startup/Seed $500,100 Nexus Venture Partners Social media platform
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Venture Capital Survey, Third Quarter 2011
Beckon* Menlo Park Startup/Seed $1,500,000 August Capital Management Products and services
Kleiner Perkins Caufield &
Byers, True North
BioMine* Palo Alto Startup/Seed $1,500,000 Management Partners Products and services
Crosslink Capital, Oak
Investment Partners, Publisher of sports editorial
Bleacher Report San Francisco Expansion $21,999,900 undisclosed firm content
Columbia Capital, Harrison
Metal Capital, individuals,
InterWest Partners, Menlo
Ventures, True Ventures, Membership website that
Bloomspot San Francisco Early Stage $34,640,200 undisclosed firm offers recommendations
Andreessen Horowitz, Mobility solutions for
Capriza* Cupertino Startup/Seed $1,900,000 Charles River Ventures corporations and enterprises
Benchmark Capital, Omidyar
CouchSurfing International* San Francisco Later Stage $7,600,000 Network International network
500 Startups, Charles River
Ventures, General Catalyst
Partners, individuals, Electronic health records
drchrono* Mountain View Early Stage $675,000 undisclosed firm platform
EAT Club Sunnyvale Expansion $140,000 Siemer Ventures Food delivery services
Azure Capital Partners, Online video-sharing
EatLime Sunnyvale Expansion $6,500,000 Draper Fisher Jurvetson company
Foundry Group & Mobius Wellness solution focused
Fitbit San Francisco Early Stage $7,000,000 Venture Capital on behavior change
Ignition Partners, undisclosed
Fotonauts Palo Alto Early Stage $2,500,000 firm Photo-sharing site
Accelerator Ventures,
Correlation Ventures, Kapor
Capital, Morgenthaler Online social fundraising
Fundly* Palo Alto Early Stage $7,534,000 Ventures, Seraph Group platform
InterWest Partners, O'Reilly
Alpha Tech Ventures, Online site for company
Get Satisfaction San Francisco Expansion $10,000,000 undisclosed firm services
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Venture Capital Survey, Third Quarter 2011
CrunchFund, General
Catalyst Partners, individuals
Madrona Venture Group, Peer-to-peer car sharing
Gettaround* San Francisco Early Stage $3,400,000 Redpoint Ventures marketplace
Draper Fisher Jurvetson, Information on the impacts
GoodGuide San Francisco Expansion $2,613,000 New Enterprise Associates of products
GoPollGo* Palo Alto Startup/Seed $325,000 Idealab Social polling website
Individuals, MHS Capital
Management, Metamorphic
Ventures, undisclosed firm, ff Self-serve open-funding
IndieGoGo* San Francisco Early Stage $1,500,000 Venture Capital platform
500 Startups, Comcast
Ventures, Consigliere, Felicis
Ventures, First Round
Capital, Mayfield Fund,
Kiwi Crate* Los Altos Startup/Seed $1,950,400 undisclosed firms Hands-on activities for kids
Bay Partners, Canaan
Partners, Foundation Capital,
Morgenthaler Ventures,
Norwest Venture Partners, Online financial community
Lending Club San Francisco Expansion $25,000,000 Union Square Ventures operator
Online marketplace for
Band of Angels, undisclosed luxury designers and
ModeWalk* San Mateo Startup/Seed $1,000,000 firm craftsmen
Foundation Capital, Ignition
Partners, Norwest Venture
Motif Investing San Mateo Early Stage $20,000,000 Partners Investment platform
Greylock Partners,
Institutional Venture Partners
Kleiner Perkins Caufield &
Byers, Tiger Global Online sales destination for
One Kings Lane San Francisco Early Stage $40,000,000 Management home decor products
Ophoenix Capital Management*San Francisco Startup/Seed $1,000,000 WI Harper Group Products and services
Perfect Escapes San Francisco Later Stage $161,000 Trident Capital Luxury travel
JAFCO Ventures, Redpoint
Posterous San Francisco Early Stage $5,000,000 Ventures Web publishing platform
Accel Partners, Harrison Online shopping website for
Project J* Palo Alto Early Stage $7,899,900 Metal Capital, individuals women
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Venture Capital Survey, Third Quarter 2011
August Capital Management,
Google Ventures, individuals,
Shasta Ventures Neighbor-to-neighbor
RelayRides San Francisco Early Stage $4,885,900 Management carsharing service
Amicus Capital, Andreessen
Horowitz, Founder Collective,
individuals, SV Angel,
Rentcycle* San Francisco Startup/Seed $1,400,000 undisclosed firm Rental services
Online auto repair and
RepairPal Emeryville Expansion $950,000 Tugboat Ventures maintenance site
August Capital Management,
Google Ventures, Investor Online legal services and
Rocket Lawyer San Francisco Expansion $18,500,000 Growth Capital retail legal software products
Globespan Capital Partners, Streaming entertainment
Roku Saratoga Later Stage $8,000,000 Menlo Ventures devices for televisions
GGV Capital, Mohr Davidow
Ventures, Northgate Capital Social network platform for
RootMusic San Francisco Expansion $15,999,900 Group musicians
BlueRun Ventures, True Rewards program for
SaveUp* San Francisco Early Stage $2,000,000 Ventures personal savings
Health plans, administrative
Maverick Capital, Psilos services and supporting
SeeChange Health* San Francisco Expansion $20,000,000 Group Managers technologies
New Venture Partners, Prolog
ShopWell Solutions Palo Alto Early Stage $2,780,000 Ventures, undisclosed firm Free food information site
Zernikegroup Holding BV,
Spreaker* San Francisco Early Stage $1,100,000 undisclosed firm Audio platform
Individuals, iD Ventures
Striiv* Redwood City Early Stage $6,000,000 America Gaming and fitness devices
Deal discovery and
Syfto San Francisco Startup/Seed $650,000 True Ventures engagement services
Quest Venture Partners, Global community of
Tripping International* San Francisco Early Stage $450,000 undisclosed firm travelers
Novak Biddle Venture
UniversityNOW San Francisco Early Stage $1,000,000 Partners Online education services
Page 9 of 20
Venture Capital Survey, Third Quarter 2011
Accel Partners, undisclosed Online real estate
VivaReal* Sebastopol Early Stage $750,000 firm marketplace
Online gaming platform
World Golf Tour San Francisco Expansion $1,000,000 Panorama Capital developer
Floodgate Fund, K9 Vanpool, shuttle and Zipcar
Zimride San Francisco Early Stage $6,000,000 Ventures, Mayfield Fund services
HARDWARE/INSTRUMENTS
Name City Stage Amount Investors Business Description
Accel Partners, Felicis
Ventures, individuals, Kapor Software for audio and video
Dropcam* San Francisco Early Stage $5,800,000 Capital recording
Lightspeed Venture Partners,
New Enterprise Associates,
Sigma Partners, Walden Lithium-ion battery
Leyden Energy Fremont Expansion $20,000,100 International development company
Crosslink Capital, Lionhart
Investments Scale Venture
Partners, VantagePoint Paper-based multimedia pen
Livescribe Oakland Expansion $4,513,200 Capital Partners top applications
MoBeam Cupertino Expansion $2,814,000 Undisclosed firm Patented technology
Accel Partners, Lightspeed
Venture Partners, Sequoia Storage and backup
Nimble Storage San Jose Expansion $25,000,000 Capital, undisclosed firm solutions
Angeleno GroupGreener Intelligent energy storage
Powergetics* San Francisco Early Stage $10,270,000 Capital Partners systems
Technology to improve
Tactus Technology Fremont Early Stage $5,510,000 Thomvest Ventures touchscreen devices
NETWORKING /
TELECOMMUNICATIONS
Name City Stage Amount Investors Business Description
Text message alerts and
4Info San Mateo Later Stage $200,000 U.S. Venture Partners information
Cloud computing consulting
Cloudscaling* San Francisco Expansion $3,975,000 Trinity Ventures services
Commlabs Sunnyvale Expansion $6,319,000 Columbia Capital Wireless solutions
U.S. Venture Partners,
KAIAM Newark Early Stage $332,000 undisclosed firm Optical components
Page 10 of 20
Venture Capital Survey, Third Quarter 2011
CID Group, Motorola Mobility
Ventures, Rembrandt
Venture Partners, Sierra
Ooyala Mountain View Expansion $3,686,000 Ventures Online video platform
CrunchFund, individuals, SV Video intelligence technology
Prism Skylabs* San Francisco Early Stage $1,500,000 Angel, TomorrowVentures services
Asuka DBJ Partners, Skyrockit mobile
skyrockit* San Francisco Later Stage $2,630,100 individuals, Intel Capital entertainment services
Benchmark Capital,
individuals, New Atlantic
Ventures, New Enterprise
Stitcher San Francisco Expansion $10,000,100 Associates Media service
Sports media network
Swink* San Francisco Early Stage $476,000 DFJ Frontier operator
ENERGY/INDUSTRIAL
Name City Stage Amount Investors Business Description
CalCEF Angel Fund,
Claremont Creek Ventures, Waste heat recovery
Alphabet Energy San Francisco Early Stage $12,000,000 TPG Growth technology
Band of Angels, individuals, Automatic tire inflation
Aperia Technologies* San Francisco Early Stage $600,000 Sierra Angels devices
Austral Capital, Energy
Capital Management AS,
undisclosed firm, X/Seed
Bio Architecture Lab Berkeley Expansion $3,000,000 Capital Management Synthetic bio fuels
Advanced Technology
Ventures, Globespan Capital
Partners, Good Energies AG,
Hudson Clean Energy
Calisolar Sunnyvale Expansion $11,024,000 Partners Solar technologies
Angeleno Group, Masdar
eCullet* Palo Alto Later Stage $27,137,000 Capital Glass cullet and containers
NGEN Partners, G54, Robert Power electronics to
eIQ Energy* San Jose Early Stage $6,000,000 Bosch Venture Capital GmbH optimize solar PV systems
Individuals, Oceanshore
EnerVault Sunnyvale Startup/Seed $8,500,000 Ventures Energy storage solutions
Rockport Capital Partners,
Enki Technology* San Jose Early Stage $4,596,000 undisclosed firm Products and services
Page 11 of 20
Venture Capital Survey, Third Quarter 2011
Draper Fisher Jurvetson, Inte
Capital, Kleiner Perkins Energy solutions for
Enlighted Mountain View Early Stage $2,799,900 Caufield & Byers commercial buildings
Rustic Canyon Partners, US Facilities for the conversion
Fulcrum BioEnergy Pleasanton Expansion $31,082,000 Renewables Group of municipal solid waste
Firelake Capital Management
Monitor Venture
Management, Rockport Irrigation management
HydroPoint Data Systems Petaluma Later Stage $722,100 Capital Partners solutions
Materials technology for
clean energy and water
Innova Dynamics San Francisco Expansion $429,000 Rho Capital Partners purification
Alloy Ventures, I2BF Global Scalable solar-power
Integrated Photovoltaics San Jose Early Stage $2,877,900 Ventures, Peninsula Venturessolutions
Arcapita, New Venture Radio Frequency
Partners, Third Point Identification tracking
Intelleflex Santa Clara Later Stage $9,000,000 Ventures, Woodside Fund systems
Energy efficient building
Kinestral Technologies Menlo Park Early Stage $9,000,000 5AM Ventures products
Infield Capital, Warburg
Mission Motor San Francisco Expansion $9,023,000 Pincus Electric motorbikes
Electric motors and
NovaTorque Sunnyvale Expansion $1,349,000 New Enterprise Associates engineering design services
Claremont Creek Ventures,
GE Energy Financial
Services, Greener Capital
Partners, Rockport Capital
Project FROG San Francisco Expansion $22,392,000 Partners Building technology kits
RoboteX Palo Alto Expansion $1,925,000 The Founders Fund Personal safety robots
ARCH Venture Partners,
ATA Ventures, Skylake
Incuvest, undisclosed firms,
Shocking Technologies San Jose Expansion $15,199,800 Vista Ventures Voltage switchable materials
Skyline Solar Mountain View Early Stage $2,500,000 New Enterprise Associates High-gain solar silicon cells
Power flow control
technology for electric
Smart Wire Grid* San Francisco Startup/Seed $3,000,000 RiverVest Venture Partners transmission
Page 12 of 20
Venture Capital Survey, Third Quarter 2011
DBL Investors, Olympus
Capital Partners, Trident
Solexant San Jose Early Stage $23,468,000 Capital Solar cells
Crosslink Capital, Hudson Thin-film photovoltaic cells
SoloPower San Jose Expansion $9,664,000 Clean Energy Partners and modules
Clean Pacific Ventures, Designs and markets
SunLink San Rafael Early Stage $1,873,000 individuals engineered products
Tioga Energy San Francisco Expansion $3,000,000 NGEN Partners, Nth Power Renewable energy services
Invus Group, undisclosed
Zero Motorcycles Scotts Valley Expansion $4,500,000 firm Electric motorcycles
SEMICONDUCTORS
Name City Stage Amount Investors Business Description
ARCH Venture Partners,
ATA Ventures, Harris & Memory technology
Adesto Technologies Sunnyvale Early Stage $17,357,100 Harris Group developer
Atlas Venture, Balderton
Capital Management (U.K.),
Cipio Partners GmbH, DFJ
Esprit LLP, Duff Ackerman & Networked display
DisplayLink Palo Alto Later Stage $15,000,000 Goodrich technology developer
Cisco Systems, Crescendo
Venture Management, Khosla
eASIC Santa Clara Later Stage $12,476,100 Ventures ASIC devices
ITOCHU Technology
Ventures, Keynote Ventures,
Lightspeed Venture Partners,
SunAmerica Ventures, System-on-chip solutions for
Link_A_Media Devices Santa Clara Expansion $16,000,000 undisclosed firm the data storage market
Greylock Partners, Redpoint
Ventures, Samsung Venture
Investment Corporation,
Sutter Hill Ventures,
Pure Storage Mountain View Early Stage $3,221,000 undisclosed firm Enterprise storage solutions
DoCoMo Capital, Granite
VenturesInterWest Partners,
Telecommunications Fabless semiconductor
Quantance San Mateo Later Stage $11,000,000 Development Fund company
Products for multi-gigabit
communication and
Scintera Networks Sunnyvale Later Stage $800,000 August Capital Management networking systems
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Venture Capital Survey, Third Quarter 2011
Bessemer Venture Partners, Power management
Summit Microelectronics Sunnyvale Later Stage $3,000 Norwest Venture Partners products
Battery Ventures, CID Group,
DCM, Motorola Mobility
Ventures, Norwest Venture
Partners, undisclosed firm, Fabless semiconductor
Zenverge Cupertino Expansion $20,500,000 Woodside Fund products developer
SOFTWARE
Name City Stage Amount Investors Business Description
Migrating and managing ipv6
Hummer Winblad Venture services through network
6connect* San Jose Early Stage $2,000,000 Partners automation
GrandBanks Capital, JLA
Ventures, Laurence Capital Employee rewards and
Corp., Ontario Venture social recognition software
Achievers San Francisco Later Stage $24,489,000 Capital Fund, Sequoia Capitalservices
Duff Ackerman & Goodrich,
OVP Venture Partners, Internet search software
Aggregate Knowledge San Mateo Expansion $11,300,000 undisclosed firm based on behavioral patterns
Kleiner Perkins Caufield &
Byers, Opus Capital, Access controls and security
AlertEnterprise Fremont Expansion $19,080,900 undisclosed firm technology
Burrill & Company,
Qualcomm Ventures, Applications for
AliveCor* San Francisco Early Stage $3,000,000 undisclosed firm electrocardiogram monitoring
VantagePoint Capital Capacity utilization software
Allocade Menlo Park Expansion $144,000 Partners solutions
News reading application on
Alphonso Labs Palo Alto Early Stage $1,110,000 New Enterprise Associates mobile devices
500 Startups, Battery
Ventures, DN Capital,
individuals, Morado Venture Mobile engagement
Management, Seraph Group, management for mobile
Apsalar* San Francisco Early Stage $5,000,100 Thomvest Ventures phones
Digital media software and
ArcSoft Fremont Later Stage $20,000,000 Intel Capital, Tudor Ventures firmware solutions
Atzip Menlo Park Early Stage $100,000 Tugboat Ventures Social networking website
Page 14 of 20
Venture Capital Survey, Third Quarter 2011
Accel Partners, Felicis
Ventures, The Founders Biofeedback application
Azumio* Palo Alto Early Stage $2,499,900 Fund software developer
Crescendo Venture
Management, Rising Tide Data enrichment software
BDNA Mountain View Later Stage $3,369,900 Fund, vSpring Capital and services provider
CMEA Capital, MLC Private
Equity, PivotNorth Capital,
U.S. Venture Partners,
Blekko Redwood City Early Stage $29,999,900 Yandex.Factory Internet search solutions
Ignition Partners, undisclosed Android applications to run
BlueStack Systems Campbell Early Stage $7,676,000 firm on Windows machines
Draper Fisher Jurvetson,
Scale Venture Partners, U.S. Online file storage and
Box.net Palo Alto Expansion $18,672,000 Venture Partners sharing services
Online events for
North Bridge Venture professionals and their
BrightTALK* San Francisco Later Stage $20,500,000 Partners communities
JAFCO Ventures, Lightspeed
Venture Partners, Trinity
Casual Collective San Francisco Expansion $17,500,000 Ventures Social gaming site
Accel Partners, Index
Ventures, Invesco Private
Capital, Mayfield Fund, Consolidation and privilege
Centrify Sunnyvale Expansion $16,000,200 Sigma Partners management solutions
Electronic design automation
(EDA) analog design
CiraNova Santa Clara Later Stage $1,250,000 Alloy Ventures,Intel Capital solutions
Claremont Creek Ventures,
Clean Pacific Ventures,
Google Ventures, Kleiner Software, services and
Perkins Caufield & Byers, financing solutions to the
Clean Power Finance San Francisco Expansion $25,000,000 Sand Hill Angels solar industry
Felicis Ventures, Greylock Cloud-based sales
ClearSlide* San Francisco Early Stage $11,000,000 Partners communication platform
InterWest Partners, Mayfield Performance management
Cloud9 Analytics Redwood City Later Stage $3,289,000 Fund applications
Rembrandt Venture Partners, Productivity tools for smart
CloudOn Palo Alto Early Stage $7,700,000 undisclosed firm devices
Page 15 of 20
Venture Capital Survey, Third Quarter 2011
Accel Partners, Ignition
Partners, Mayfield Fund,
North Bridge Venture
Couchbase Mountain View Expansion $15,000,000 Partners Nosql database technology
Crosslink Capital, Lightspeed
DataStax Burlingame Early Stage $11,000,000 Venture Partners Database platform
E la Carte Palo Alto Early Stage $4,000,000 Undisclosed firm Tableside tablet
Lightspeed Venture Partners,
New Enterprise Associates,
North Bridge Venture
Embrane Software Santa Clara Early Stage $18,000,000 Partners Software solution
Morgenthaler Ventures, Information-capturing
Evernote Mountain View Later Stage $50,000,000 Sequoia Capital technologies
Reed Elsevier Ventures, Kids' learning and
Fingerprint Digital* San Francisco Startup/Seed $1,400,000 undisclosed firm entertainment platform
H.I.G. Capital, Nexit
Ventures, Walden Open-source mobile
Funambol Foster City Later Stage $3,000,000 International application servers
Oak Investment Partners,
Gazillion San Mateo Expansion $32,351,000 undisclosed firm Online games
Andreessen Horowitz, Fidelity
Ventures, General Catalyst
GoodData San Francisco Expansion $15,000,000 Partners, Windcrest Partners Data management support
Artiman Ventures, Intel Analytics solutions for
Guavus Santa Clara Expansion $25,000,000 Capital, Sofinnova Ventures decision-making
New Enterprise Associates, Enterprise software-as-a-
Hearsay Labs* San Francisco Early Stage $18,000,000 Sequoia Capital service provider
Foundation Capital, Leapfrog Information technology
HotLink Sunnyvale Early Stage $3,000,000 Ventures service
Allegis Capital, Private Equity
Investors, Sid R. Bass Direct sales and technology
Inertia Beverage Group Napa Later Stage $12,099,900 Associates solutions to the wine industry
JAFCO Ventures, Sequoia
Capital, Tenaya Capital, Software programming
Inkling Systems San Francisco Early Stage $17,394,000 undisclosed firm services
Mobile application for
Jildy* Palo Alto Startup/Seed $650,000 Draper Fisher Jurvetson filtering news feeds
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Venture Capital Survey, Third Quarter 2011
Hummer Winblad Venture
Partners, Presidio STX , U.S.
Karmasphere Cupertino Early Stage $6,000,000 Venture Partners Data processing software
Kleiner Perkins Caufield &
Byers, undisclosed firm,
Wilson, Sonsini, Goodrich & Management built for the
Kenandy* Redwood City Early Stage $10,500,000 Rosati cloud
Accel Partners, IDG Ventures Technology services to
Krux Digital* San Francisco Early Stage $11,000,000 SF protect media data assets
Sofinnova Ventures, WI Integrated suite of Web
Laszlo Systems San Mateo Later Stage $800,000 Harper Group applications
Licensing and royalty
LicenseStream Sausalito Later Stage $16,000 Village Ventures payment platform provider
Accel Partners, Andreessen
Horowitz, Index Ventures, Software to ensure mobile
Lookout San Francisco Expansion $40,000,000 Khosla Ventures security
Lightspeed Venture Partners,
New Enterprise Associates,
MapR Technologies San Jose Early Stage $20,000,000 Redpoint Ventures Data analytics technology
Matrix Partners, Sequoia
MoboTap* San Francisco Early Stage $10,000,000 Capital Web browser for mobiles
Desktop virtualization
Moka5 Redwood City Expansion $3,239,000 undisclosed firm technology for consumers
Foundation Capital, Oak
Moxie Software Mountain View Expansion $6,000,000 Investment Partners Social software solutions
Menlo Ventures, undisclosed Applications for
Mr. Number* San Francisco Early Stage $4,797,000 firm smartphones
Andreessen Horowitz,
Floodgate Fund, Greylock On-demand identity
Okta San Francisco Expansion $16,499,900 Partners, Khosla Ventures management service
Palantir Technologies Palo Alto Later Stage $68,000,000 Founders Fund Data analysis software
Foundation Capital, Goldman
Pano Logic Redwood City Expansion $7,500,000 Sachs & Co., Mayfield Fund Virtualization-based software
Phizzle* San Francisco Expansion $3,000,000 Alsop Louie Partners Mobile marketing software
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Venture Capital Survey, Third Quarter 2011
Emergence Capital Partners, Business intelligence
StarVest Partners, Trident software and Web-based
PivotLink San Francisco Later Stage $8,085,000 Capital analytics
Andreessen Horowitz, In-Q- Business intelligent and
Platfora* San Mateo Expansion $5,683,000 Tel analytics platform
Data center infrastructure
and energy management
Power Assure Santa Clara Early Stage $13,500,000 In-Q-Tel solutions
Founders Fund, Glynn
Capital Management,
individuals, Morgenthaler Web-based electronic
Ventures, SV Angel, Western medical record system to
Practice Fusion San Francisco Expansion $5,999,700 Technology Investment physicians
Live online speech therapy
PresenceLearning San Francisco Early Stage $350,000 Catamount Ventures services for K-12 students
Triton Management IP-based video surveillance
Presto Networks* Fremont Expansion $460,000 Corporation products
Atomico Ventures, Endeavou
Vision SA, Founders Fund,
individuals, Infocomm
Quid* San Francisco Early Stage $10,000,000 Investments Data collection software
U.S. Venture Partners,
undisclosed firm, WI Harper
Quixey* Palo Alto Early Stage $3,800,000 Group Search engine operator
Internet search engine
Qwhispr* Sunnyvale Early Stage $150,000 Sierra Ventures services
Baseline Ventures,
Foundation Capital, Founder
Collective, Google Ventures, Application programming
Read It Later* San Francisco Expansion $2,500,000 undisclosed firm interface
Red Aril Foster City Early Stage $375,000 Sierra Ventures Online ad network
Benchmark Capital,
Individuals, Shasta Ventures
Red Robot Labs* Palo Alto Early Stage $8,499,900 Management Software for mobile games
Cisco Systems, Duff
Ackerman & Goodrich,
Khosla Ventures, Scale
Venture Partners, Sequoia
RingCentral San Mateo Later Stage $10,000,200 Capital, undisclosed firm Enterprise telecom services
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Venture Capital Survey, Third Quarter 2011
Customer experience
Satmetrix Systems San Mateo Later Stage $11,132,000 Undisclosed firm software
Fuse Capital, Horizon
Ventures, Siemens Venture
Capital GmbH, undisclosed Wireless traffic and vehicle
Sensys Networks Berkeley Later Stage $8,450,000 firm, Voyager Capital detection systems
Claremont Creek Ventures,
ONSET Ventures, SingTel Demand-side energy
Sentilla Redwood City Later Stage $15,000,000 Innov8 Pte management solutions
Devices used to measure
Solum Mountain View Early Stage $4,500,000 Khosla Ventures soil nutrient levels
Steelwedge Software Pleasanton Later Stage $16,000,000 Mainsail Partners Software applications
Draper Fisher Jurvetson, Mobile video communication
TangoMe Palo Alto Expansion $41,079,000 undisclosed firm services
Duff Ackerman & Goodrich,
Matrix Partners, Trinity
Taulia San Francisco Early Stage $8,500,000 Ventures Business solutions
Torbit* Mountain View Early Stage $585,000 K9 Ventures Cloud-based solutions
Pitango Venture Capital, Real-time customer usage
Totango* Mountain View Startup/Seed $3,800,000 undisclosed firm analysis software
August Capital Management,
Levensohn Venture Partners,
Mayfield Fund, Tenaya Networked central
Ubicom San Jose Later Stage $1,000,000 Capital processing unit provider
Sequoia Capital,
WestSummit Capital Multi-platform game
Unity Technologies San Francisco Later Stage $12,000,000 Management, iGlobe Partnersdevelopment platform
ONSET Ventures, Voyager Software-based mobile
Vidder San Jose Early Stage $1,284,000 Capital services
August Capital Management,
Canaan Partners, Correlation
Ventures, InterWest
Partners, Southern Cross
Virsto Software Sunnyvale Expansion $5,000,000 Venture Partners Virtual storage solutions
Carmel Ventures, Greylock Distributed desktop
Wanova San Jose Early Stage $9,999,900 Partners, Opus Capital virtualization solutions
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Venture Capital Survey, Third Quarter 2011
Website risk-management
WhiteHat Security Santa Clara Later Stage $8,000,000 Investor Growth Capital solutions
Charles River Ventures,
Emergence Capital Partners,
Social+Capital Partnership,
Yammer San Francisco Expansion $16,999,900 U.S. Venture Partners Social network
Bay Partners, Greylock
Partners, Mayfield Fund,
Rembrandt Venture Partners,
Shasta Ventures
Management, undisclosed Mobile device management
Zenprise Redwood City Later Stage $30,000,000 firms software provider
$2,668,352,200
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