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Quote of the Week

“You have to trust in something: your gut, destiny, life, karma, whatever. This approach has never let me down, and it has made all the difference in my life.”

Steve Jobs

Venture Fundings and IPOs

IPOs

Sensata Technologies Inc
Attleboro, MA
Sensor and controls maker

$726 million IPO
New York Stock Exchange symbol–ST

Co-lead underwriters: Morgan Stanley, Barclays Capital, Goldman, Sachs & Co, BofA Merrill Lynch, J.P. Morgan, Citigroup
, and Credit Suisse

Venture Fundings

Adenyo
Toronto, Canada
Provider of mobile marketing software
$26.9 million
Genuity Capital Market

Arkayne
Scottsdale, AZ
Provider of interactive marketing software
Seed–$1 million
Arizona Technology Investor Forum

Alien Technology Corp
Morgan Hill, CA
RFID chip maker
$10.9 million
Advanced Equities, New Enterprise Associates
and Sunbridge Partners

Altor Networks
Redwood City, CA
Technologies for virtual networks
Series B–$10 million
DAG Ventures, Accel Partners, Foundation Capital
, and Junos Innovation Fund

Audience
Seattle, WA
Voice processing semiconductor company
Series E–$15 million
Vulcan Capital, New Enterprise Associates, Tallwood Venture Capital, and VentureTech Alliance

AwarePoint
San Diego, CA
Semiconductor technology company
Series E–$10 million
Jafco Ventures America, Cardinal Partners
, and Venrock

Baidu
Beijing, China
Search engine company
$50 million
Providence Equity Partners

Cadre Technologies, Inc
Denver, CO
Provider of integrated, automated solutions for the fulfillment and distribution industries
$410 thousand
Undisclosed investors

Cardagin Networks Inc
Charlottesville, VA
Developer of a mobile marketing platform
Series A–$1 million
Undisclosed angel investors

Cleantech Group
San Francisco, CA
Provider of research, consulting, and advisory services in the market space of clean technologies
$3.2 million
Bay Area Equity Fund, Sail Venture Partners, and Consensus Business Group

Cloudmark Inc
San Francisco, CA
Provider of carrier-grade messaging security
$23 million
Summit Partners, Nokia Growth Partners, Ignition Partners
, and Industry Ventures

Desktone Inc
Chelmsford, MA
Provider of network computer services for large organizations
$5.4 million
Highland Capital Partners, SoftBank Capital, Citrix Systems, and Tangee International

EnerVault
Sunnyvale, CA
Maker of flow battery technology
$3.5 million
U.S. Invest
and Oceanshore Ventures

Exponential Entertainment
Seattle, WA
Developer of movie-focused online social games
$700 thousand
Band of Angeles
and undisclosed investors

GEO Semiconductor
Santa Clara, CA
Developer of digital video chips
Undisclosed amount
Jupiter Systems

July Systems
Los Angeles, CA
Developer of a platform for content companies to publish, distribute, and monetize mobile internet content
Series C–$7 million
Intel Capital, Sequoia Capital
, and Footprint Ventures

Kineto Wireless Inc
Milpitas, CA
Provider of mobile over wireless LAN solutions
Series E–$9 million
Oak Investment Partners, Motorola, Sutter Hill Ventures, Venrock, Seapoint Ventures
, and InterDigital Communications Corp

Konarka Technologies Inc
Lowell, MA
Solar power technology company
$20 million
Konica Minolta Holdings Inc

Kwedit
Mountain View, CA
Alternate payment product for social games and virtual goods
Series B–$3.3 million
Maveron

Lantiq
Neubiberg, Germany
Provider of access and home networking technologies
Undisclosed amount
T-Venture

Leadspace
Rishon Le Zion, Israel
Semantic Web solutions
$3 million
Jerusalem Venture Partners and the Vertex Venture Capital

Local Dirt
Madison, WI
Developer of agricultural logistics software for local food markets
Undisclosed amount
Peak Ridge Capital

NetBase
Mountain View, CA
Developer of semantic search technology
Series C–$9 million
Altos Ventures
and Thomvest Ventures

Perfect Market
Altadena, CA
Provider of marketing services for publishers
Series C–$6 million
Tribune Company, Trinity Ventures, Rustic Canyon Partners
, and Idealab

Pivot3
Palo Alto, CA
Developer of storage appliances for the video surveillance market
$25 million
Focus Ventures, InterWest Partners, Lightspeed Venture Partners, Mesirow Financial Capital Partners IX, and Silver Creek Ventures

Platform G
Los Angeles, CA
Social gaming platform
$20 million
Austin Ventures

Posterous
San Francisco, CA
Online blogging service that lets users post via email
Series A–$4.4 million
Redpoint Ventures, Trinity Ventures
, and SV Angel

Prudent Energy
Beijing, China
Maker of large-capacity flow batteries
Series C–$22 million
Northern Light Venture Capital

Prysm Inc
San Jose, CA
Maker of laser-driven large screen displays
$44 million
Artiman Ventures and Partech International Ventures

Reflexis Systems Inc
Dedham, MA
Maker of retail management software
$6 million
Undisclosed investors

SensAble Technologies Inc
Woburn, MA
Developer of touch-sensor computer modeling technologies
$8 million
Undisclosed investors

Shocking Technologies, Inc
San Jose, CA
Embedded ESD solutions company
Series B-1–$8 million
Vista Ventures, Arch Ventures, ATA ventures, Balch Hill Capital, and SkyLake Incuvest & Co

ShopIgniter
Portland, OR
Unifier of e-commerce and social media
Series A–$3 million
Madrona Venture Group

Skimlinks
London, England
Affiliate revenue generation company
$3 million
Sussex Place Ventures, National Endowment for Science, Technology and the Arts (NESTA), and The Accelerator Group

SmartDate.com
Paris, France
Social dating Website
$2.2 million
360 Capital Partners

Stylesight
New York, NY
Online provider of fashion information
Series B–$10 million
Cue Ball Capital
and Volition Capital

SuiteLinq, Inc
Exton, PA
Provider of integrated communication, on-demand entertainment, and business productivity solutions
$2.3 million
Undisclosed investors

TellAPal
San Francisco, CA
Recommendation based ad network optimized for social media
$1.6 million
Undisclosed investors

TripIt
San Francisco, CA
Online travel management service
Series C–$7 million
Azure Capital Partners
and O’Reilly AlphaTech Ventures

WealthEngine
Bethesda, MD
Provider of technology research services designed to help non-profits and financial services firms find wealthy prospects
Series A–$5 million
Novak Biddle Venture Partners
and QED Investors

Webaroo Technology
Cupertino, CA
Developer of mobile services for business and consumer markets
Series D–$11.9 million
Globespan Capital Partners, Charles River Ventures
, and Helion Venture Partners

Whaleback Systems
Portsmouth, NH
Provider of managed voice over Internet protocol services and technology
$600 thousand
Ascent Ventures
and Castile Ventures

Zipit Wireless
Greenville, SC
Wireless communications and entertainment products for the teen and pre-teens market
$3.37 million
Undisclosed investors

Mergers and Acquisitions
 

Afilias Ltd
Dublin, Ireland
Provider of Internet infrastructure services
Acquired DotMobi

Dublin, Ireland
Provider of Internet domain addresses for mobile phones
Terms were not disclosed

ConnectedMedia Technologies
Miami, FL
Digital multimedia firm targeting the U.S. Hispanic market
Acquired Notus Digital Network
Developer of video-on-demand services
Terms were not disclosed

ExactTarget
Indianapolis, IN
Maker of email marketing software
Acquired CoTweet
San Francisco, CA
Provider of a Web-based collaboration platform that allows companies to manage multiple Twitter accounts from a single dashboard
Terms were not disclosed

Playdom
Mountain View, CA
Social games publisher
Acquired Offbeat Creations
Bellevue, WA
Developer of games for Facebook
Terms were not disclosed

Trustwave Corp
Annapolis, MD
Provider of on-demand data security and payment card industry compliance management solutions
Acquired Intellitactics
Reston, VA
Provider of security information and event management technology
Terms were not disclosed

Worksoft Inc
Dallas, TX
Provider of solutions for accelerating deployment of SAP applications
Acquired TestFactory
Provider of performance and life cycle management solutions
Terms were not disclosed

 

Executive Moves
 

Adura Technologies
San Francisco, CA
Clean energy technology company
Named Andrew Wheeler–Chief Technology Officer, formerly Chief Technology Officer–T endril Networks

AppDynamics
San Francisco, CA
Developer of tools designed to fix performance problems distributed applications
Named Frank Swain–Senior Vice President of Worldwide Sales, formerly Vice President of Sales and Business Development–Makara

Bill.com
Palo Alto, CA
On demand accounts payable application for CPAs and small and midsized businesses
Named Mark Orttung–Chief Operating Officer, formerly company’s Vice President of Products

Biz360
Redwood City, CA
Developer of social media monitoring technology
Named Ryan Kuder–vice president of marketing, formerly Marketing at eBay

eBuilder
Stockholm, Sweden
End-to-end integrated and process-based Software as a Service solutions
Named Per MÃ¥nsson–Chief Financial Officer, formerly Co-founder–ice.net

Fusion-io
San Jose, CA
Developer of a Flash-based solid-state memory tier
Named Dennis Wolf–Senior Vice President and Chief Financial Officer, formerly Executive Vice President and Chief Financial Officer–MySQL

iCore Networks
McLean, VA
Provider of managed networking and Internet telephone services
Named Robert Ellison–Vice President of Client Services, formerly Vice President of Customer Retention–Savvis

Lumenergi
Newark, CA
Developer of networked lighting technology
Named Peter Weller–Vice President of Sales, formerly General Manager–Luminus Devices

NexTag
San Mateo, CA
Comparison shopping Website
Named Jeffrey Katz–Chief Executive Officer, formerly President and Chief Executive Officer–LeapFrog Enterprises

Openwave Systems
Redwood City, CA
Developer of software and infrastructure that let service providers deploy personalized services
Named Anne Brennan–Chief Financial Officer, formerly company’s Vice President of Finance

OwnerIQ
Boston, MA
Online source of ownership targeted media programs and developers of the “MOST” platform for online advertisers
Named Stephen Tschosik–Midwest Sales Director, formerly Midwest Senior Account Executive–ValueClick

ScanScout
Boston, MA
Provider of online video advertising services
Named Adam Lichstein–Senior Vice President and General Counsel, formerly Chief Operating Officer–ShopText

Thumbplay
New York, NY
Mobile entertainment distributor
Named Pablo Calamera–Chief Technology Officer, formerly Technology Development, MobileMe service–Apple

TradeBeam
San Mateo, CA
Trade management software and services company
Named Doug Harrison–Chief Financial Officer, formerly company’s Vice President of Finance

Virilion
Washington, DC
Digital communications agency
Named Huard Smith–President, formerly Senior Vice President, Strategy & Analysis Practice–Digitas

WorldMate
Palo Alto, CA
Mobile travel company
Named Jean Tripier–Chief Executive Officer, formerly Chief Strategy Officer and Chief Operating Officer–Good Technology

Xojet Inc
San Carlos, CA
Provider of customized travel programs
Named Benjamin Murray–President, formerly Executive Vice President–NetJets Inc