Halfway through 2002, 33 technology companies based in Georgia have landed $346 million in venture capital. Here is Local Tech Wire’s exclusive list of deals, ranked according to the amount invested:
Company; Industry; Amount (Round)
1. Movaz Networks, Norcross; Telecom; $60 million (3rd)
Investors: Oak Investment Partners (lead), Anschutz Investments, GATX Ventures, Menlo Ventures, Meritech Capital Partners, Silicon Valley BancVentures, Telus Ventures and Worldview Technology Partners
2. Inhibitex, Atlanta; Biotech; $45.4 million (4th)
Investors: Essex Woodlands Health Ventures (co-lead), New Enterprise Associates (co-lead), Alliance Technology Ventures, CDP Sofinov, Pacific Horizon Ventures and William Blair Capital Partners
3. Fleetcor Technologies, Atlanta; IT services; $45 million (2nd)
Investors: Summit Partners
4. Pathfire, Roswell; Software; $27 million (5th)
Investors: AT&T Ventures, Bank of America Capital Investors, CNN News Group, Halpern Denny & Co., Institutional Venture Partners, Kinetic Ventures, Monarch Capital Partners, Noro-Moseley Partners, Quadrangle Group, Reuters Greenhouse Fund, Riggs Capital Partners and US Venture Partners
5. Wave 7 Optics, Alpharetta; Telecom; $23 million (2nd)
Investors: ATV Capital (lead), Armada Ventures, Lucent Venture Partners, Mellon Ventures and Morganthaler Ventures
6. Servigistics, Atlanta; Software; $18 million (3rd)
Investors: Bain Capital Ventures (lead), Cordova Intellimedia Ventures, Encubate Technology Ventures, Robinson-Humphrey Netlanta Fund, SSM Ventures, Symphony Technology Group and UPS Strategic Enterprise Fund
7. Greenway Medical Technologies, Carrollton; Software; $15 million (3rd)
Investors: Individuals
8. GlobalCare, Alpharetta; Internet; $11 million (1st)
Investors: Insight Venture Partners (lead), C&B Capital and THK Private Equities
9. N2 Broadband, Duluth; IT services; $10 million (2nd)
Investors: Highland Capital Partners (lead) and AOL Time Warner Ventures
10. Magnet Communications, Atlanta; Internet; $9.4 million (4th)
Investors: Conning Capital Partners and Total Technology Ventures
11. Fast-Talk Communications, Atlanta; IT services; $8.5 million (2nd)
Investors: Boston Millennia Partners (lead), Atlanta Technology Angels, Cordova Ventures, HIG Ventures and SAIC Venture Capital
12. Digiquant, Atlanta; IT services; $8 million (3rd)
Investors: General Atlantic Partners (lead), Cisco Systems, Index Ventures, Vertex Management and individuals
13. Netifice Communications, Atlanta; Telecom; $6.5 million (3rd)
Investors: Boston Millennia Partners, Columbia Capital and HIG Ventures
14. Lancope, Alpharetta; Software; $5.55 million (1st)
Investors: GMG Capital Partners and HIG Capital
15. EG Technology, Atlanta; Telecom; $5.5 million (1st)
Investors: Noro-Moseley Partners (lead), Gray Ventures, HIG Ventures and Yamacraw Seed Capital
16. KnowledgeStorm, Alpharetta; IT services; $5.25 million (2nd)
Investors: Sterling Venture Partners (lead), Apex Venture Partners, Imlay Investments, Live Oak Equity Partners and Total Technology Ventures
17. Datatrac, Atlanta; Software; $5 million (NA)
Investors: Megunticook Fund
17. MedCenterDirect.com, Atlanta; Internet; $5 million (4th)
Investors: Healthsouth, UBS Warburg
17. eCompanyStore, Atlanta; Internet; $5 million (NA)
Investors: ITC Holdings
20. LastMinuteTravel.com, Atlanta; Internet; $4 million (NA)
Investors: Individuals
20. EZ Prints, Atlanta; Internet; $4 million (4th)
Investors: PA Early Stage Partners and The Cairnwood Group
22. ConstructWare, Alpharetta; Software; $3 million (3rd)
Investors: Cordova Ventures, Live Oak Equity Partners and Smith Harbor Ventures
22. MDdatacor, Alpharetta, Ga.; IT services; $3 million (2nd)
Investors: Dianon Systems and individuals
24. BancIntelligence.com, Atlanta; Internet; $2.5 million (1st)
Investors: Imlay Investments and individuals
24. Firstdoor, Atlanta; Software; $2.5 million (5th)
Investors: Allen & Co. and individuals
26. Procuri, Atlanta; Internet; $2 million (2nd)
Investors: Individuals
27. 180Commerce, Atlanta; Software; $1.8 million (3rd)
Investors: Armada Venture Group and Imlay Investments
28. Somatocor, Atlanta; Biotech; $1.7 million (seed)
Investors: Alliance Technology Ventures
29. epipeline, Atlanta; Internet; $1.5 million (3rd)
Investors: Crossbow Ventures
29. ExchangeBlvd.com, Atlanta; Internet; $1.5 million (3rd)
Investors: Stephens
31. Fortel DTV, Duluth; IT services; $1 million (NA)
Investors: Individuals
32. ZapMedia, Atlanta; Telecom; NA (2nd)
Investors: Five Paces Ventures
32. NeuroStar Solutions, Atlanta; Health care services; NA (Seed)
Investors: NextStart Capital
