Prepared by: Dante Fichera

Venture capital activity has increased by 7% from last periods performance of $220 million. $235 million in venture capital was invested in 28 companies during the period.

In addition, three companies began trading on Wall Street with over $279 million raised in equity through IPOs. The three IPO’s this reporting period are as follows:
1. MannKind Corporation for $87.5 million
2. Volterra Semiconductor for $36 million
3. EnerSys for $156.25 million

The Houses passage of HR 3574 may be blocked in the Senate.

CapitalHunter.com identified that $235 million of venture capital was invested in 28 U.S.-based companies during this week’s reporting period. The average deal size was approximately $8.39 million. The amount of venture capital invested this period increased by 7% over last week’s $220 million.

What’s Hot: California, Software, and Series C.

Geographically, 8 California companies raised $98 million in venture financings. The largest venture financing in California this period was into Aruba Wireless Networks for $27 million. Aruba Wireless Networks is a San Jose based company markets and manufactures centralized 802.11 (Wi-Fi) security systems for enterprises and managed service providers.

The software sector raised a little over 38% of the venture capital this period. Fifteen software companies raised over $20 million in venture financing. The largest software financing was by Sorrent which creates and publishes connected interactive gaming software technology for wireless and Web-based Internet-capable devices.

Companies raising their Series C round of financing led this week’s venture capital activity. Series C companies represented 34% of the total venture capital deployed this period. The largest Series C financing was into Aruba Wireless Networks.

The following Thirteen investors funded the above mentioned top three venture capital investments for over $87 million:

A total of 62 worldwide equity financings of private and public companies occurred during this reporting period. Each of the 62 equity financings are profiled in a weekly report which include venture financings, private placements, secondary offerings, PIPE’s, and IPO’s. Also available is access to over 30,000 other historic equity financings through the CapitalHunter.com searchable database.

About CapitalHunter.com

CapitalHunter.com is a web-based financial information company that identifies, preserves and electronically disseminates worldwide data on venture capital and other equity financings. Customers utilize the CapitalHunter.com searchable database to research newly and historic financings and to identify active investors.