Briac
What follows are nine VC deals culled from recent Regulation D filings with the SEC. They have not been otherwise disclosed:
* Pacira Pharmaceuticals Inc., a San Diego–based maker of controlled-release injectable products, has expanded its Series A round to $85 million, according to a regulatory filing. It had previously secured approximately $30 million. Backers include MPM Capital, HBM BioVentures, OrbiMed Advisors and Sanderling Ventures. www.pacira.com
* Waterfront Media, a New York-based online health media company, has raised $20 million in fifth-round funding, according to a regulatory
* Our next round of peHUB Shindigs begin tonight in Washington DC, before moving on to New York and Boston. More than 950 tickets already sold, with just a handful remaining (altough none in New York, sorry). Get yours now.
* VC-backed life sciences companies are running out of cash.
* Private equity bosses in demand, as banks look to manage their troubled businesses.
* Morning call: U.S. futures down, European shares slide on financials and mining, Nikkei and Hong Kong also drop.
* Yesterday I wrote about how Rock Band maker Harmonix received a $150 million earnout from Viacom, and is expected to receive an even larger one next year. Odd thing is that lots of the press reports -- like this one from Bloomberg -- suggest that all the money is going to Harmonix's founding executives. Not sure why they keep ignoring the VCs who originally funded Harmonix and who, I've since confirmed, are taking their pro rata share.
* While everyone else was preoccupied with the bailout, Hank Paulson quietly enacted a tax code change that gave "American banks a windfall of as much as $140 billion." The question now is whether the move was legal and, if not, what the lame duck Congress will do about it.
* Ivy League endowments are heavily weighted toward alternative assets, which has Barron's suggesting that it may be time for them to change course.
* The Chinese rescue plan lifts all boats: U.S. futures rise, UK up early, Europe up, Nikkei jumps 5.8% and Hong Kong up 3.5%.
* Vanity Fair: The death of Planet Finance.
* How the recent elections will affect investment banker pay.
* Are you a child of the 50s who threw out his baseball cards, and still regret it? Well, tell your kids to hold onto all the "crappy economy" stuff they can find. Just look at how well Great Depression memorabilia is selling...
* Mitt Romney on Obama's challenges.
* Obama's dealmakers
* The cash crisis at Chrysler deepens, and people are beginning to talk about a break-up. Cerberus may not have really paid anything for the automaker, but it's one hell of a reputation killer.
* Morning call: Jobs report coming, U.S. futures up, European shares rebound, Hong Kong up and Nikkei down.
* Ben Stein on the election and economy, including this gem:
Mr. Paulson is the worst Treasury secretary that has ever been. On one hand he's a contemptuous rich schmuck, on the other hand he's socializing American finance. Everything he touches he does wrong. He was the worst possible choice and really a disgrace to the office... Paulson is not taking anywhere near the beating he deserves. He deserves a beheading.
* Every week, it seems that there is a new call for Blackstone Group to take itself private. The latest one comes from BreakingViews.
* Morgan Stanley says that sovereign wealth funds could lose up to 25% this year.
* Mark Zuckerberg: Facebook doesn't feel any pressure to live up to that $15 billion valuation.
* Stock drops all around: U.S. futures are down, Europe falls on weak financials and Japanese automakers punish the Nikkei.
* It's not big news that Wall Street bonuses will be smaller this year. The real news is that there will even be Wall Street bonuses this year. Talk about money for nothing. At least the Epicurean Dealmaker gets it.
* Fill up those gas jugs now, because oil is heading back $100 a barrel.
* Who should Obama pick to be the federal government's next chief technology officer? John Doerr suggests Sun Microsystems co-founder Bill Joy, who also happens to be a partner with Kleiner Perkins.
* Michelle Leder proposes Nell Minow for SEC chair.
* Portfolio lets you pick the next Treasury Secretary (let's all work to shift sentiment away from Larry Summers).
What follows are eight VC deals culled from recent Regulation D filings with the SEC. They have not been otherwise disclosed:
* CaliSolar Inc., a Sunnyvale, Calif.-based developer of solar cells using “dirty” metallurgical grade silicon, has raised $51.9 million in Series B preferred stock funding. It also has secured another $50 million in convertible securities, for a round total of nearly $102 million. Hudson Clean Energy led the round, and was joined by return backers Advanced Technology Ventures and Globespan Capital Partners. Prior press reports say that the company plans to build a commercial plant in California next year. It had previously raised around $9 million. www.calisolar.com
* Sriya Innovations Inc., a Marietta, Ga.-based biorefinery startup, has raised $15 million in Series A funding. Kleiner Perkins Caufield & Byers led the round with partners Ajit Nazere and Bill Joy taking board seats.
* WiChorus Inc., a San Jose, Calif.-based developer of 4G core infrastructure products, has raised $18 million in Series C funding. Return backers include Accel Partners, Mayfield Fund and Redpoint Ventures. The company has now raised over $40 million in total funding. www.wichorus.com
* Xtalic, a Marlborough, Mass.-based developer of nanostructured alloys for corrosion and wear resistance, has raised around $10 million in Series B funding. Backers include
What follows are seven VC deals culled from recent Regulation D filings with the SEC. They have not been otherwise disclosed:
AdaptiveBlue, a Livingston, N.J.-based provider of a research and organization plug-in for the Firefox browser, has raised $4.52 million in Series B funding, according to a regulatory filing. Shareholders include Union Square Ventures and Biltmore Ventures (managed by Knightsbridge Capital Partners). www.adaptiveblue.com
Blurb Inc., a San Francisco-based provider of self publishing software and services, has raised around $5 million in Series C funding, according to a regulatory filing. Return backers include Canaan Partners and Anthem Venture Partners. It had previously raised around $14 million, plus
* Need a job? The U.S. Treasury is hiring. And here's a primer on the guy you'll be working for.
* The top five worst deals.
* Last week I wrote about Highland Capital Partners' party in Boston, where guests were outwardly ebullient and inwardly dour. Same dichotomy on the West Coast, where Northbridge Venture Partners just held an office-opening party.
* Is online advertising headed for a cliff?
* How many talking heads can CNBC fit into a single screen? We thought it was eight, but Carney finds a screenshot of ten. I'm still keeping my fingers crossed for a dozen.
* Matt Wurtzel: Warren Buffett is no J.P. Morgan, and vice versa.
* E-goggles: The cure for drunken emails.
* For most cities, recession has arrived.
* Could Huntsman end up buying Hexion?
* What us worry, we're Australian? Kedrosky gives some cause.
* If Halloweeen mask sales could predict the election, Obama would be president.
* There's been lots of talk about how private equity firms might ride to the banking sector's rescue, with Chris Flowers regularly mentioned as a leading candidate for white knight. Hopefully those future deals perform better than Flowers' past ones, which have been marked down by 30 percent.
* Facebook co-founders depart. Maybe they just didn't like the new design...
* Introducing Strategery Capital: "Putting your money where our mouth is."
* Just to put everything in perspective (or perhaps in preview), Reuters has put together a slideshow called The Ghosts of 1929.
* Linens 'n Things will probably liquidate its U.S. stores after the December holidays, but the NY Post reports that there is growing PE interest in its Canadian operations.
* Chris Morrison's takeaway from last night's debate is that we're likely to see carbon caps in the near future. He unfortunately fails to point out Palin's lack of logic on global warming. On the one hand, she says the reasons for it may or may not be man-made, but either way it doesn't matter. What does matter, she says, is people finding ways to combat it. Well Governor, how can we combat something over which we may have no control? It is man's very culpability that makes him able to repent via action. If global warming is just natural phenomenon, then we'll just have to grin and bear it (or find a way to cool down the sun). And to think, this was one of her more cogent moments.
* Henry Blodget on the history of bailouts. What worked, and what didn't. Unfortunately, he thinks this one shares much with the latter.
* How do bloggers make money?