VentureWire Alert

Message-ID: <30008588.1075861466052.JavaMail.evans@thyme> Date: Mon, 19 Nov 2001 05:04:15 -0800 (PST) From: alert@venturewire.com To: jdasovic@enron.com Subject: VentureWire Alert, Monday, November 19, 2001 Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: VentureWire Alert X-To: jdasovic@ENRON.COM X-cc: X-bcc: X-Folder: \JDASOVIC (Non-Privileged)\Dasovich, Jeff\Deleted Items X-Origin: Dasovich-J X-FileName: JDASOVIC (Non-Privileged).pst VentureWire Alert

For Jeffrey Dasovich, Enron

VENTURE
MARKET
SUMMARY

It was a big day for fundraising. Jerusalem Venture Partners is expected to announce the closing of $400 million in Fund IV. Adveq, HarbourVest, and Technion are new limited partners that have invested since the first closing of $350 million in the summer. Columbia University, Infineon, Nortel Networks, the Government of Singapore, and Temasek were new limited partners that participated in the first closing.

Lexington Partners also made the news. The private equity firm said it has made a first close with an undisclosed amount on Lexington Capital Partners V, a planned $2.5 billion fund. The fund is targeted to close by year's end and will purchase limited partnership interests on a secondary basis and consolidate the capital the firm has in its four other funds.

17 startups reported raising $95 million on Friday, including Entropic Communications, a provider of semiconductor products and system services for enterprise and residential broadband communications, that raised a $14-million first round of funding, VentureWire has learned. Redpoint Ventures led the round with participation from CMEA Ventures, Liberty Associated Group, Mission Ventures, and Revolution Ventures. - By John Fuller

The complete text of the stories below, as well as 16 additional venture-capital and private-company stories, are available today exclusively to subscribers to our new, premium service, VentureWire Professional. Find out more.

Pervasive Computing Outlook
San Francisco Airport Marriott
Burlingame, CA
December 4 & 5

Paul Saffo
Director,
Institute for the Future

To help us with the big picture and what it means for pervasive computing, we're delighted that Paul Saffo is one of the panelists on Day 1 of Pervasive Computing Outlook. If there's one person in Silicon Valley who you should hear on IT trends and their implications for business and society, there's no-one better than him. Oft quoted and much published he's a senior member of the Institute for the Future, the non-profit that provides strategic planning and forecasting services to a extensive range of business and government bodies. He serves on a wide variety of boards and advisory panels, including the AT&T Technology Advisory Board, the World Economic Forum Global Issues Group, and the Stanford Law School Advisory Council on Science, Technology and Society. To hear his insight on the evolution and future of pervasive computing, register today for one of the remaining places.

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Not often do most of us get a chance to witness the
beginnings of an entire new technology. At Pervasive
Computing Outlook, Robert MacGregor, founder,
president, and CEO of NanoMuscle, will introduce us
to the wonders of a new miniature linear motion
technology that may displace one of today's most
widely used conventional technologies, small
electromagnetic motors. These tiny actuators--or
"nanomuscles"--can be mass produced at low cost
and promise to find their way into a wide range
of products from toys, cameras, and consumer
electronics products to computer peripherals
and automobiles.

Register today to hear what's in store for
NanoMuscle and its technology.

Pervasive Computing Outlook
December 4 & 5, 2001
San Francisco Airport Marriott
http://www.pervasivecomputingoutlook.com

NOTABLE DEALS

Jerusalem Venture Partners Closes $400 Million Fund IV
NEW YORK -- Jerusalem Venture Partners is expected to announce the closing of $400 million in Fund IV, its latest fund. The firm began fund-raising at the end of 2000 and initially expected to raise $500 million. [more..] http://www.jvpvc.com

Semiconductor Firm Entropic Raises $14 Million Round One
SAN DIEGO -- Entropic Communications, a provider of semiconductor products and system services for enterprise and residential broadband communications, has raised a $14-million first round of funding, VentureWire has learned. [more..]

Village Networks Lets Go of One-Third of Staff
EATONTOWN, N.J. -- Village Networks, a provider of integrated packet over optics networking technology, said it has laid off one-third of its staff, approximately 39 people. [more..] http://www.villagenetworks.com

Lexington Partners Has First Close of $2.5 Billion Fund V
NEW YORK -- Lexington Partners, a private equity firm, said it has made a first close with an undisclosed amount on Lexington Capital Partners V, a planned $2.5 billion fund. [more..] http://www.lexingtonpartners.com

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VENTUREWIRE INDEX

461.3 +0.24%

Blue Falcon Gets $4.7 Million in First Tranche of Series B
LOS ANGELES -- Blue Falcon, a maker of distributed computing technologies, said it closed on $4.7 million in the first tranche of venture funding in its second round. [more..] http://www.bluefalcon.com

Robotic Technology Firm InTank Gets $17 Million First Round
LAUREL, MD. -- InTank, a developer of robotic technology for cleaning and inspecting aboveground storage tanks, said it has raised $17 million in its first round of funding. [more..] http://www.intank.com

Voice Messaging Service Evoxis Closes $1-Million Round One
PITTSBURGH -- Evoxis, a provider of software and services that enable companies to deliver personalized information to voicemail, is expected to announce the closing of $1 million in a first round of financing. [more..] http://www.evoxis.com

Open Harbor Docks With $10 Million in Round Two
SAN CARLOS, CALIF. -- Open Harbor, formerly myCustoms, a provider of real-time trade automation for global enterprises, said it has closed $10 million in a second round of funding. New financing will be used for sales, marketing, and product development. [more..] http://www.openharbor.com

Dr. Michael Friedman
SVP, Research & Development
Pharmacia Corp.

If it's an expert viewpoint from both sides of the
regulatory divide you're looking for, Michael Friedman's
superbly qualified to ask. A former acting commissioner
of the FDA, and currently head of research at Pharmacia,
he understands both the drug regulatory process and the
pharmaceutical research and development process
intimately. He bridges all the key areas on what it
takes to get a drug through development and approval.
On October 30th, it was announced that he will spearhead
the Pharmaceutical Research and Manufacturers of America's
(PhRMA) initiative to protect public health as PhRMA's
Chief Medical Officer for Biomedical preparedness.

Register your place today to hear his address at
Healthcare Outlook

Healthcare Outlook
San Francisco Airport Marriott
January 22, 2002

http://www.healthcareoutlook.com

Concierge Service tenUK Buys Compeititors Liberate, Entrust
LONDON -- Time Energy Network (tenUK), a personal concierge service, said it has acquired London-area competitors, Liberate and Entrust. Terms of the all-cash deals were not disclosed. [more..] http://www.tenuk.com

Redleaf Co-CEO Lloyd Mahaffey Named Chairman of RedSiren
PITTSBURGH, PA. -- RedSiren Technologies, which provides remote IT management and security services, is expected to announce the appointment of Lloyd Mahaffey, co-CEO of Redleaf, as chairman. [more..] http://www.redsiren.com

In today's world, alchemy has less to do with transmuting
lead into gold than it does turning silicon into cash.
Alchemy Semiconductor, an Austin-based fabless
semiconductor company founded by key members of the
former DEC Alpha/StrongARM design team, has focused its
wizards on developing high-performance, low-cost
systems-on-a-chip for PDAs, Internet appliances, and
other Internet edge devices. Among the latest feats
is a processor that can handle real-time streaming
video and audio in the MPEG-4 format. CEO Jim Moore
will present Alchemy's story and technology at
Pervasive Computing Outlook.

Register today to guarantee your place.

Pervasive Computing Outlook
December 4 & 5, 2001
San Francisco Airport Marriott
http://www.pervasivecomputingoutlook.com

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