Not So Well Heeled: VC Deals Lag in NC

Thirty-five North Carolina technology companies have attracted $192 million in venture capital through July, for an average deal size of $5.5 million.

Here’s a look at LocalTechWire’s exclusive list of Tar Heel venture deals, ranked according to size:

Company; Industry; Amount (Round)

1. Scynexis, Durham; Pharmaceutical services; $29 million (3rd)

Investors: Alta Partners (lead), Burrill & Co., CDC Innovation Partners, Genavent, KBL Healthcare Ventures, SG Asset Management, SR One and Ventech

2. BioStratum, Durham; Biotech; $20 million (3rd)

Investors: BankInvest, Equity Resources Group, HealthCap and MP Bio

3. Norak Biosciences, Research Triangle Park; Biotech; $13 million (2nd)

Investors: Noro-Moseley Partners (lead), Alexandria Real Estate Equities, Aurora Funds, Intersouth Partners, Koch Ventures and Mitsui & Co. Venture Partners

4. INC Research, Raleigh; Pharmaceutical services; $11 million (NA)

Investors: Crosspoint Venture Partners (lead)

5. HiddenMind Technology, Cary; Software; $10 million (4th)

Investors: JLT Group

6. Peak 10, Charlotte; IT services; $9.2 million (3rd)

Investors: Frontier Capital and Seaport Capital

7. MediaSpan, Durham; Media; $8.5 million (1st)

Investors: Covestco-Seteura, Rustic Canyon Group and Southeast Interactive Technology Funds

8. NetOctave, Morrisville; IT services; $7.8 million (2nd)

Investors: Intersouth Partners (lead), Intel Communications Fund, Kitty Hawk Capital, MCNC, North Carolina Enterprise Fund and Wakefield Group

9. Zoom Culture, Chapel Hill; Media; $7 million (2nd)

Investors: Chrysalis Ventures (lead), Atlantis Group, Charlotte Angel Partners, Cordova Ventures, Intersouth Partners and Tri-State Investment Group

10. Cropsolution, Morrisville; Biotech; $6.4 million (1st)

Investors: Aurora Funds (lead), ATP Capital, Atlantis Group, Charlotte Angel Partners and Research Triangle Ventures

11. HAHT Commerce, Raleigh; Software; $6 million (2nd)

Investors: Canaan Partners

12. iReadyWorld, Charlotte; IT services; $6 million (3rd)

Investors: Total Technology Ventures (lead), Greenspring Ventures and Red Badge Ventures

13. ChannelAdvisor, Morrisville; Software; $5.7 million (2nd)

Investors: Genesis Venture Partners (lead), eBay, Southern Capitol Ventures, The Atlantis Group and Tri-State Investment Group

14. SiteScape, Wilmington; IT services; $5 million (2nd)

Investors: Echelon Ventures, SAIC Venture Capital

14. CipherOptics, Raleigh; IT services; $5 million (1st)

Investors: Kodiak Venture Partners

14. Oculan, Raleigh; IT services; $5 million (3rd)

Investors: Soros Private Equity Partners

17. AppGate, Durham; IT services; $4 million (3rd)

Investors: ABN Amro (co-lead), GE Equity (co-lead), Bure Equity, Industrifinans, Innovationskapital and Pythagoras

18. DarPharma, Chapel Hill; Biotech; $3.2 million (1st)

Investors: Stanley Foundation and individuals

19. Trinity Convergence, Raleigh; Telecom; $3.1 million (1st)

Investors: Core Capital Partners, Intersouth Partners, Mid-Atlantic Venture Funds

20. Total Billings, Fayetteville; Software; $3 million (2nd)

Investors: Dogwood Equity and Frontier Capital

21. LiveWire Logic, Morrisville; IT services; $2.8 million (2nd)

Investors: Gray Ventures (lead), A.M. Pappas & Associates, The Atlantis Group, Charlotte Angel Partners, Research Triangle Ventures, Tri-State Investment Group, truePilot and individuals

22. nTouch Research, Raleigh; Pharmaceutical services; $2.6 million (3rd)

Investors: Canaan Partners (co-lead), Intersouth Partners (co-lead), Bioventures and Tri-State Investment Group

23. Waveguide Solutions, Charlotte; Semiconductors; $2.5 million (2nd)

Investors: Academy Venture Funds and Southeast Interactive Technology Funds

23. AppGate, Durham; IT services; $2.5 million (4th)

Investors: ABN Amro (co-lead), GE Equity (co-lead), Bure Equity, Innovationskapital and Pythagoras Participations

23. Zoom Culture, Chapel Hill; Media; $2.5 million (3rd)

Investors: Chrysalis Ventures, Cordova Ventures and Intersouth Partners

26. Relativity Technologies, Cary; Software; $2 million (3rd)

Investors: Noro-Moseley Partners and Wakefield Group

27. Gentris, Morrisville; Biotech; $1.5 million (1st)

Investors: Exelixis, Research Triangle Ventures and individuals