RALEIGH … Venture activity is heating up along with the South’s summer, as the first two weeks of August have seen more deals closed than eantire months earlier in the year.

Eighty technology companies in the Carolinas and Georgia have raised $623 million in venture funding so far this year. Here’s a look at LocalTechWire’s exclusive list of deals in the region, ranked according to the size of the investment:

Company; Industry; Amount (Round)

1. Movaz Networks, Norcross, Ga.; 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. 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

5. Pathfire, Roswell, Ga.; 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

6. Wave 7 Optics, Alpharetta, Ga.; Telecom; $23 million (2nd)

Investors: ATV Capital (lead), Armada Ventures, Lucent Venture Partners, Mellon Ventures and Morganthaler Ventures

7. Nobex, Durham; Biotech; $22.5 million (6th)

Investors: AEA Investors (lead), HealthCap and unidentified Taiwanese venture funds

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

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

9. 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

10. Greenway Medical Technologies, Carrollton, Ga.; Software; $15 million (3rd)

Investors: Individuals

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

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

12. V3 Systems, Charlotte; Software; $11.5 million (1st)

Investors: Sterling Venture Partners (lead), Draper Atlantic Management, SpaceVest and Updata Venture Partners

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

Investors: Crosspoint Venture Partners (lead)

13. GlobalCare, Alpharetta, Ga.; Internet; $11 million (1st)

Investors: Insight Venture Partners (lead), C&B Capital and THK Private Equities

15. N2 Broadband, Duluth, Ga.; IT services; $10 million (2nd)

Investors: Highland Capital Partners (lead) and AOL Time Warner Ventures

15. HiddenMind Technology, Cary, N.C.; Software; $10 million (4th)

Investors: JLT Group

17. Magnet Communications, Atlanta; Internet; $9.4 million (4th)

Investors: Conning Capital Partners and Total Technology Ventures

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

Investors: Frontier Capital and Seaport Capital

19. Proficient Systems, Atlanta; Software; $9 million (2nd)

Investors: GIMV (lead), Fuqua Ventures, Kinetic Ventures, Labrador Ventures and individuals

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

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

20. 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

22. GenPhar, Mount Pleasant, S.C.; Biotech; $8 million (1st)

Investors: Individuals

22. Digiquant, Atlanta; IT services; $8 million (3rd)

Investors: General Atlantic Partners (lead), Cisco Systems, Index Ventures, Vertex Management and individuals

24. NetOctave, Morrisville, N.C.; IT services; $7.8 million (2nd)

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

25. Flamenco Networks, Atlanta; Telecom; $7.4 million (2nd)

Investors: Flagship Ventures (lead), Cordova Ventures and Noro-Moseley Partners

26. iOnosphere, Greenville, S.C.; Telecom; $7 million (2nd)

Investors: Pharos Capital (lead) and Trelys Venture Partners

26. Zoom Culture, Chapel Hill, N.C.; Media; $7 million (2nd)

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

28. Netifice Communications, Atlanta; Telecom; $6.5 million (3rd)

Investors: Boston Millennia Partners, Columbia Capital and HIG Ventures

29. Cropsolution, Morrisville, N.C.; Biotech; $6.4 million (1st)

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

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

Investors: Canaan Partners

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

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

32. ChannelAdvisor, Morrisville, N.C.; Software; $5.7 million (2nd)

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

33. Lancope, Alpharetta, Ga.; Software; $5.55 million (1st)

Investors: GMG Capital Partners and HIG Capital

34. EG Technology, Atlanta; Telecom; $5.5 million (1st)

Investors: Noro-Moseley Partners (lead), Gray Ventures, HIG Ventures and Yamacraw Seed Capital

35. KnowledgeStorm, Alpharetta, Ga.; IT services; $5.25 million (2nd)

Investors: Sterling Venture Partners (lead), Apex Venture Partners, Imlay Investments, Live Oak Equity Partners and Total Technology Ventures

36. Datatrac, Atlanta; Software; $5 million (NA)

Investors: Megunticook Fund

36. MedCenterDirect.com, Atlanta; Internet; $5 million (4th)

Investors: Healthsouth, UBS Warburg

36. SiteScape, Wilmington, N.C.; IT services; $5 million (2nd)

Investors: Echelon Ventures, SAIC Venture Capital

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

Investors: Kodiak Venture Partners

36. eCompanyStore, Atlanta; Internet; $5 million (NA)

Investors: ITC Holdings

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

Investors: Soros Private Equity Partners

42. Trinity Convergence, Raleigh; Telecom; $4.5 million (2nd)

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

42. Relativity Technologies, Cary, N.C.; Software; $4.5 million (3rd)

Investors: Intel Capital, Nichimen, Noro-Moseley Partners, Wakefield Group and individuals

44. VistaScape Technology, Atlanta; Software; $4.1 million (3rd)

Investors: Visionaria Venture Capital (lead), CDP Capital and individuals

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

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

45. LastMinuteTravel.com, Atlanta; Internet; $4 million (NA)

Investors: Individuals

45. EZ Prints, Atlanta; Internet; $4 million (4th)

Investors: PA Early Stage Partners and The Cairnwood Group

45. ParinGenix, Charlotte; Biotech; $4 million (1st)

Investors: Academy Funds, A.P. Kennedy Family Securities and Research Corporation Technologies

49. DarPharma, Chapel Hill, N.C.; Biotech; $3.2 million (1st)

Investors: Stanley Foundation and individuals

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

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

51. ConstructWare, Alpharetta, Ga.; Software; $3 million (3rd)

Investors: Cordova Ventures, Live Oak Equity Partners and Smith Harbor Ventures

51. MDdatacor, Alpharetta, Ga.; IT services; $3 million (2nd)

Investors: Dianon Systems and individuals

51. Total Billings, Fayetteville, N.C.; Software; $3 million (2nd)

Investors: Dogwood Equity and Frontier Capital

54. LiveWire Logic, Morrisville, N.C.; 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

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

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

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

Investors: Academy Venture Funds and Southeast Interactive Technology Funds

56. BancIntelligence.com, Atlanta; Internet; $2.5 million (1st)

Investors: Imlay Investments and individuals

56. Firstdoor, Atlanta; Software; $2.5 million (5th)

Investors: Allen & Co. and individuals

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

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

56. Zoom Culture, Chapel Hill, N.C.; Media; $2.5 million (3rd)

Investors: Chrysalis Ventures, Cordova Ventures and Intersouth Partners

61. Procuri, Atlanta; Internet; $2 million (2nd)

Investors: Individuals

61. Vocalocity, Atlanta; Software; $2 million (1st)

Investors: Atlanta Technology Angels, Five Paces Ventures, Imlay Investments and Yamacraw Seed Fund

63. Kucera Pharmaceuticals, Winston-Salem, N.C.; Biotech; $1.9 million (1st)

Investors: Academy Funds, Piedmont Angel Network and individuals

64. 180Commerce, Atlanta; Software; $1.8 million (3rd)

Investors: Armada Venture Group and Imlay Investments

65. AvidXchange, Charlotte; Software; $1.75 million (2nd)

Investors: CT Communications (lead), Charlotte Angel Partners and individuals

66. Somatocor, Atlanta; Biotech; $1.7 million (seed)

Investors: Alliance Technology Ventures

67. epipeline, Atlanta; Internet; $1.5 million (3rd)

Investors: Crossbow Ventures

67. Gentris, Morrisville, N.C.; Biotech; $1.5 million (1st)

Investors: Exelixis, Research Triangle Ventures and individuals

67. ExchangeBlvd.com, Atlanta; Internet; $1.5 million (3rd)

Investors: Stephens

67. BioResource International, Raleigh; Biotech; $1.5 million (1st)

Investors: Chinese venture firm and individuals

67. FlexLight Networks, Atlanta; Telecom; $1.5 million (2nd)

Investors: Israeli Ministry of Trade

72. Fortel DTV, Duluth, Ga.; IT services; $1 million (NA)

Investors: Individuals

72. ChemCodes, Durham; Biotech; $1 million (2nd)

Investors: Emerging Technology Partners

72. MindValve, Charlotte; Software; $1 million (Seed)

Investors: Academy Venture Funds

75. Bandwidth.com, Durham; Telecom; $500,000 (1st)

Investors: Individuals

76. Regado, Durham; Biotech; $150,000 (Seed)

Investors: Aurora Funds, Intersouth Partners and MDS Capital

77. NeuroStar Solutions, Atlanta; Health care services; NA (Seed)

Investors: NextStart Capital

77. Xanthon, Research Triangle Park, N.C.; Biotech; NA (4th)

Investors: Aurora Funds, Franklin Street Partners, Intersouth Partners and Noro-Moseley Partners

77. BuildLinks, Raleigh; Software; NA (2nd)

Investors: Knier and Associates

77. ZapMedia, Atlanta; Telecom; NA (2nd)

Investors: Five Paces Ventures