![]() |
Enron Mail |
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"<
<html< <head< <style type="text/css"< A:link {text-decoration:none; color: GRAY;} A:visited {text-decoration:none; color: dimgray;} A:hover {text-decoration:none; color: tomato;} A.search {font-size:8pt;} </style< <title<VentureWire Alert</title< <meta HTTP-EQUIV="Content-Type" CONTENT="text/html;charset=iso-8859-1"< <!-- If you are reading this, your e-mail client does not support HTML. Switch to the text version at: http://alert.venturewire.com/account.asp If you think the error's on our side, let us know the particulars of your problem and which mail reader you use. venturewire@venturewire.com --< </head< <body bgColor="#FFFFFF" text="#000000"< <a name="top"<</a< <table border="0" cellpadding="6" cellspacing="0" width="100%"< <tr<<td ROWSPAN=20 WIDTH=18 bgcolor=white< <td align=left vAlign=middle colspan="3"< <!-- VW --< <a href="http://alert.venturewire.com"<<img src="http://alert.venturewire.com/logCount.asp?s=91736&i=11/20/2001" border="0" alt="VentureWire Alert"<</a< </td< <td ROWSPAN=20 WIDTH=20 bgcolor=white<</tr< <tr< <td colspan="3" bgcolor=black vAlign=middle align=left< <font face="verdana, verdana, arial, geneva, helvetica" size=1 color="white"<<b<For Jeffrey Dasovich, Enron</b<</font< </td<</tr< <tr< <td align=left vAlign=top< <table cellpadding="6" border="0"< <tr<<td align="left" vAlign="top"< <font face="verdana, verdana, arial, geneva, helvetica" SIZE=2 color="black"< <b<VENTURE <br<MARKET <br<SUMMARY </b<</font< </td<<td rowspan="2"< <table border="0" width="90%" cellspacing=0 cellpadding=0<<tr<<td<<font face="verdana, arial, geneva, helvetica" size="2"<On Monday, VentureWire learned that Guide Ventures, a VC firm focused on West Coast-based seed and early stage IT companies, expects to raise $60 million to $70 million for its third fund next year. The firm will soon finish up investing out of its Guide Fund II, a $21 million fund that has a portfolio of 12 companies so far. Guide Fund III will invest 75% in wireless applications, IT infrastructure, and security and the rest in tools and applications for bioinformatics, a new investment focus for the firm.<br<<br<For the 16 startups that pulled in a total of $146 million, including AcceLight, which landed a $60 million Series B, it was a good start to the holiday week. Not so for TechTV. The 24-hour cable television channel covering technology, information, and entertainment news, said it has laid off 130 employees, a reported 25% of its total staff. The company, which was formerly known as ZDTV, is owned by Vulcan Ventures.<br<<br<It may not be bad news for the company, but SafeWeb's decision to discontiue its free consumer service didn't brighten the holiday spirits of that service's users. The company, which develops a secure Web browser that blocks the ability to trace browsing, said it has discontinued the free service to focus on business customers. The company may re-launch the consumer service through a fee-based subscription model, but it is currently focused on its new enterprise security product that has been in development for several months. SafeWeb has received funding from In-Q-Tel, the CIA's venture capital fund, which could mean the move is plot of a vast government conspiracy or perhaps it's just an attempt to actually turn a profit.</font<</td<</tr<</table< </td<</tr< <tr< <td vAlign="top" align="left" bgcolor="#EEEEEE" width="134" height="188"< </td<</tr<</table< <br< <blockquote< <b< <font face="verdana, verdana, arial, geneva, helvetica" SIZE=2 color="black"< The complete text of the stories below, as well as 17 additional venture-capital and private-company stories, are available today exclusively to subscribers to our new, premium service, VentureWire Professional. <a href="http://professional.venturewire.com/m2_professional.asp"<Find out more.</a< </font< </b< </blockquote< </td< <td width="168" align=left vAlign=top BGCOLOR="#eeeeee" rowspan="2"< <font face="verdana, verdana, arial, geneva, helvetica" SIZE=1 color="black"< INTRODUCING</font<<br< <img border=0 src="http://professional.venturewire.com/images/pro_stackt.gif" alt="VentureWire Professional"<<br< <font face="verdana, verdana, arial, geneva, helvetica" SIZE=1 color="black"< VentureWire Professional is available now for an introductory price -- Get more stories, more details, full-text search, and all the competitive information you need to stay ahead, today. <a href="http://professional.venturewire.com/prosub.asp"<SUBSCRIBE NOW</a< </font< <br<<br< <font face="verdana, verdana, arial, geneva, helvetica" SIZE=1 color="black"< Full text versions of these stories and 17 more stories are available to subscribers of VentureWire Professional <br< <br< <a HREF="HTTP://PROFESSIONAL.VENTUREWIRE.COM/trial.asp"<CLICK HERE</a< for a free trial. </font< <br<<br<<br<<br< <font face="verdana, verdana, arial, geneva, helvetica" size="1" color="black"< <a href="http://alert.venturewire.com/account.asp"<<u<your account</u<</a<<br< • Change your e-mail address<br< • Thoughts, suggestions, commentary<br< • Cancel your account<br< • This newsletter was mailed to you at: jdasovic@ENRON.COM <br<<br< <u<contact</u<<br< • Send news items to: <a href="mailto:editor@venturewire.com"<editor@venturewire.com</a<<br< • Send questions, complaints, or service queries to: <a href="mailto:help@venturewire.com"<help@venturewire.com</a<<br< y• Send advertising inquiries to: <a href="mailto:advertise@venturewire.com"<advertise@venturewire.com</a<<br< </font< </td< </tr< <tr<<td< <br clear=all<<table cellpadding=4 BGCOLOR="#FFFFBB"<<tr<<td<<font face="courier" SIZE=2 color="black"<Where to Find Follow-On Financing Now: <br< <br<A VentureWire Special Report <br< <br<Sure, venture money is harder to come by than ever, <br<but not impossible. In a Venture Wire Special Report <br<you can order today, we'll detail the investors who <br<have the capital, time, and willingness to fund <br<expansion rounds. You might be surprised: It's not <br<the usual suspects. Hundreds of young companies are <br<being funded every week -- not just seed rounds but <br<Series B, C, and even later -- and the VentureWire <br<Special report lists the seasoned investors who are <br<doing such deals outside their own portfolios. <br<These days, executive time is more precious than <br<ever; so don't waste it looking for money from VCs <br<who are fully invested, or engulfed with triage on <br<ailingn portfolios. Pitch the firms with plenty of <br<capital and a demonstrated recent willingness to <br<invest to help startups survive the downturn, and <br<thrive in the upturn. Order your VentureWire Special <br<Report now, and you'll get our real-time analysis of <br<today's money-raising environment, as well as the <br<list of key contacts inside the VC firms that are <br<the most active investors. The research, based on up- <br<to-the-minute reporting from VentureWire, will be <br<published next month. Reserve your copy today for the <br<discounted, pre-publication price of $365. (Price on <br<publication $495.) Send e-mail to <br<financing@venturewire.com and we'll send back complete <br<information and an order form.<br< <a target=" _new" href="http://venturewire.com/ads/ad.asp?id=1586"<</a<</font<</td<</tr<</table< </td< </tr< <tr<<td< <font face="verdana, verdana, arial, geneva, helvetica" SIZE=2 color="black"<<b<NOTABLE DEALS</b<</font<<br<<br< <table border="0" width="80%" cellspacing=0 cellpadding=0<<tr<<td<<a name="vwLJQKMONIJI"<<b<<font face="verdana, arial, geneva, helvetica" size="2"<Guide Ventures Plans $60 Million Fund for IT, Bioinformatics</font<</b<</a<</td<<td align="right"< <a href="http://alert.venturewire.com/o_mailer.asp?sid=LJQKMONIJI" target=NEW<<img src="http://alert.venturewire.com/images/mail2.gif" border="0" height="10" width="15" alt="mail"<</a< </td<</tr< <tr<<td colspan=2<<font face="verdana, arial, geneva, helvetica" size="2"<SEATTLE -- Guide Ventures, a venture capital firm focused on seed and early stage IT companies on the West Coast, expects to raise $60 million to $70 million for its third fund next year, managing director Russ Aldrich told VentureWire. </font< [<a href="http://professional.venturewire.com/prostory.asp"<more..</a<]<br< <a href="http://www.guideventures.com" target="_new"<<font face="verdana, arial, geneva, helvetica" size="2"<http://www.guideventures.com</font<</a< </td<</tr<</table<<br< <table border="0" width="80%" cellspacing=0 cellpadding=0<<tr<<td<<a name="vwLNIHPHMIJI"<<b<<font face="verdana, arial, geneva, helvetica" size="2"<Pequot Opens First West Coast Office in Menlo Park</font<</b<</a<</td<<td align="right"< <a href="http://alert.venturewire.com/o_mailer.asp?sid=LNIHPHMIJI" target=NEW<<img src="http://alert.venturewire.com/images/mail2.gif" border="0" height="10" width="15" alt="mail"<</a< </td<</tr< <tr<<td colspan=2<<font face="verdana, arial, geneva, helvetica" size="2"<MENLO PARK, CALIF. -- Pequot Ventures, the direct venture investment arm of Pequot Capital Management, said it has opened a Menlo Park, Calif. office, its first on the West Coast. </font< [<a href="http://professional.venturewire.com/prostory.asp"<more..</a<]<br< <a href="http://www.pequotcap.com" target="_new"<<font face="verdana, arial, geneva, helvetica" size="2"<http://www.pequotcap.com</font<</a< </td<</tr<</table<<br< <table border="0" width="80%" cellspacing=0 cellpadding=0<<tr<<td<<a name="vwQJINJINIJI"<<b<<font face="verdana, arial, geneva, helvetica" size="2"<Vulcan Venture's TechTV Lays Off 130 Staffers</font<</b<</a<</td<<td align="right"< <a href="http://alert.venturewire.com/o_mailer.asp?sid=QJINJINIJI" target=NEW<<img src="http://alert.venturewire.com/images/mail2.gif" border="0" height="10" width="15" alt="mail"<</a< </td<</tr< <tr<<td colspan=2<<font face="verdana, arial, geneva, helvetica" size="2"<SAN FRANCISCO -- TechTV, a 24-hour cable television channel covering technology, information, and entertainment news, said it has laid off 130 employees </font< [<a href="http://professional.venturewire.com/prostory.asp"<more..</a<]<br< <a href="http://www.techtv.com" target="_new"<<font face="verdana, arial, geneva, helvetica" size="2"<http://www.techtv.com</font<</a< </td<</tr<</table<<br< <table border="0" width="80%" cellspacing=0 cellpadding=0<<tr<<td<<a name="vwNMQOKNMIJI"<<b<<font face="verdana, arial, geneva, helvetica" size="2"<SafeWeb Discontinues Free Service, Will Launch New Product</font<</b<</a<</td<<td align="right"< <a href="http://alert.venturewire.com/o_mailer.asp?sid=NMQOKNMIJI" target=NEW<<img src="http://alert.venturewire.com/images/mail2.gif" border="0" height="10" width="15" alt="mail"<</a< </td<</tr< <tr<<td colspan=2<<font face="verdana, arial, geneva, helvetica" size="2"<EMERYVILLE, CALIF. -- SafeWeb, the developer of a secure Web browser that blocks the ability to trace browsing online, said it has discontinued its free, consumer service. </font< [<a href="http://professional.venturewire.com/prostory.asp"<more..</a<]<br< <a href="http://www.safeweb.com" target="_new"<<font face="verdana, arial, geneva, helvetica" size="2"<http://www.safeweb.com</font<</a< </td<</tr<</table<<br< </td< <td vAlign=top align=left ROWSPAN="4" BGCOLOR="#eeeeee"< <font face="verdana, verdana, arial, geneva, helvetica" size="1" color="black"< <a href="http://alert.venturewire.com/adv.asp"<<u<advertise</u<</a<<br< <a href="http://venturewire.gazooba.com/cid1201/tellafriend.html"<<u<tell a friend</u<</a<<br< </font< <br clear="all"< <a href="http://venturewire.com/index.asp"<<font face="verdana, verdana, arial, geneva, helvetica" SIZE=2 color="black"<<b<VENTUREWIRE INDEX</b<</font<</a< <a href="http://venturewire.com/index.asp"<<img alt='VentureWire Index' border='0' src="http://208.185.40.7/charts/images/newsAVWIX.jpg"<</a<<br< <font face="verdana, arial, geneva, helvetica" size="1" color="gray"<454.9 -1.37%</font< </td< </tr< <tr<<td< <br< <table border="0" width="80%" cellspacing=0 cellpadding=0<<tr<<td<<a name="vwMJJPNMMIJI"<<b<<font face="verdana, arial, geneva, helvetica" size="2"<netForensics Locks in $10.8 Million in Ongoing Series B</font<</b<</a<</td<<td align="right"< <a href="http://alert.venturewire.com/o_mailer.asp?sid=MJJPNMMIJI" target=NEW<<img src="http://alert.venturewire.com/images/mail2.gif" border="0" height="10" width="15" alt="mail"<</a< </td<</tr< <tr<<td colspan=2<<font face="verdana, arial, geneva, helvetica" size="2"<EDISON, N.J. -- netForensics, a developer of software for real-time network security information and analysis, is expected to announce it has raised $10.8 million in its ongoing Series B round. </font< [<a href="http://professional.venturewire.com/prostory.asp"<more..</a<]<br< <a href="http://www.netforensics.com" target="_new"<<font face="verdana, arial, geneva, helvetica" size="2"<http://www.netforensics.com</font<</a< </td<</tr<</table<<br< <table border="0" width="80%" cellspacing=0 cellpadding=0<<tr<<td<<a name="vwNIOKLJLIJI"<<b<<font face="verdana, arial, geneva, helvetica" size="2"<AcceLight Networks Raises $60M in Series B Round</font<</b<</a<</td<<td align="right"< <a href="http://alert.venturewire.com/o_mailer.asp?sid=NIOKLJLIJI" target=NEW<<img src="http://alert.venturewire.com/images/mail2.gif" border="0" height="10" width="15" alt="mail"<</a< </td<</tr< <tr<<td colspan=2<<font face="verdana, arial, geneva, helvetica" size="2"<PITTSBURGH -- AcceLight Networks, which designs and manufactures a photonic service switch, said it raised $50 million in equity and $10 million in debt financing in its over-subscribed Series B round of funding. </font< [<a href="http://professional.venturewire.com/prostory.asp"<more..</a<]<br< <a href="http://www.accelight.com" target="_new"<<font face="verdana, arial, geneva, helvetica" size="2"<http://www.accelight.com</font<</a< </td<</tr<</table<<br< <table border="0" width="80%" cellspacing=0 cellpadding=0<<tr<<td<<a name="vwLLHQMKMIJI"<<b<<font face="verdana, arial, geneva, helvetica" size="2"<Aegis Analytical Gets $14.5 Million in Second Round Funding</font<</b<</a<</td<<td align="right"< <a href="http://alert.venturewire.com/o_mailer.asp?sid=LLHQMKMIJI" target=NEW<<img src="http://alert.venturewire.com/images/mail2.gif" border="0" height="10" width="15" alt="mail"<</a< </td<</tr< <tr<<td colspan=2<<font face="verdana, arial, geneva, helvetica" size="2"<LAFAYETTE, COLO. -- Aegis Analytical, a provider of manufacturing informatics software systems for pharmaceutical and other manufacturers, said it received $14.5 million in second-round funding. </font< [<a href="http://professional.venturewire.com/prostory.asp"<more..</a<]<br< <a href="http://www.aegiscorp.com" target="_new"<<font face="verdana, arial, geneva, helvetica" size="2"<http://www.aegiscorp.com</font<</a< </td<</tr<</table<<br< <table border="0" width="80%" cellspacing=0 cellpadding=0<<tr<<td<<a name="vwNIKIHPLIJI"<<b<<font face="verdana, arial, geneva, helvetica" size="2"<Inventory Software Firm Contextual Launches with $11M</font<</b<</a<</td<<td align="right"< <a href="http://alert.venturewire.com/o_mailer.asp?sid=NIKIHPLIJI" target=NEW<<img src="http://alert.venturewire.com/images/mail2.gif" border="0" height="10" width="15" alt="mail"<</a< </td<</tr< <tr<<td colspan=2<<font face="verdana, arial, geneva, helvetica" size="2"<AUSTIN, TEXAS -- Contextual, a software company providing Web-based tools to manufacturers and distributors, announced its launch with $11 million in funding. </font< [<a href="http://professional.venturewire.com/prostory.asp"<more..</a<]<br< <a href="http://www.contextual.com" target="_new"<<font face="verdana, arial, geneva, helvetica" size="2"<http://www.contextual.com</font<</a< </td<</tr<</table<<br< <table border="0" width="80%" cellspacing=0 cellpadding=0<<tr<<td<<a name="vwHHMJJMLIJI"<<b<<font face="verdana, arial, geneva, helvetica" size="2"<Audio Conferencing Firm Octave Sounds Out $17M in Round Four</font<</b<</a<</td<<td align="right"< <a href="http://alert.venturewire.com/o_mailer.asp?sid=HHMJJMLIJI" target=NEW<<img src="http://alert.venturewire.com/images/mail2.gif" border="0" height="10" width="15" alt="mail"<</a< </td<</tr< <tr<<td colspan=2<<font face="verdana, arial, geneva, helvetica" size="2"<NASHUA, N.H. -- Octave Communications, a provider of hardware and software for audio conferencing, said it raised $17 million in its fourth round of funding. </font< [<a href="http://professional.venturewire.com/prostory.asp"<more..</a<]<br< <a href="http://www.octavecomm.com" target="_new"<<font face="verdana, arial, geneva, helvetica" size="2"<http://www.octavecomm.com</font<</a< </td<</tr<</table<<br< <br clear=all<<table cellpadding=4 BGCOLOR="#FFFFBB"<<tr<<td<<font face="courier" SIZE=2 color="black"<<center<<img border="1" height="110" width="82" src="http://venturewire.com/ads/110x82ads/Friedman.jpg" alt="Healthcare Outlook"<</center< <br<Dr. Michael Friedman <br<SVP, Research & Development <br<Pharmacia Corp. <br< <br<If it's an expert viewpoint from both sides of the <br<regulatory divide you're looking for, Michael Friedman's <br<superbly qualified to ask. A former acting commissioner <br<of the FDA, and currently head of research at Pharmacia, <br<he understands both the drug regulatory process and the <br<pharmaceutical research and development process <br<intimately. He bridges all the key areas on what it <br<takes to get a drug through development and approval. <br<On October 30th, it was announced that he will spearhead <br<the Pharmaceutical Research and Manufacturers of America's <br<(PhRMA) initiative to protect public health as PhRMA's <br<Chief Medical Officer for Biomedical preparedness. <br< <br<Register your place today to hear his address at <br<Healthcare Outlook <br< <br<Healthcare Outlook <br<San Francisco Airport Marriott <br<January 22, 2002<br<<br<<a target=" _new" href="http://venturewire.com/ads/ad.asp?id=1580"<http://www.healthcareoutlook.com</a<</font<</td<</tr<</table<<br< <table border="0" width="80%" cellspacing=0 cellpadding=0<<tr<<td<<a name="vwNQLPQLMIJI"<<b<<font face="verdana, arial, geneva, helvetica" size="2"<Red Herring Cuts 27%, Puts Conference Business on Ice</font<</b<</a<</td<<td align="right"< <a href="http://alert.venturewire.com/o_mailer.asp?sid=NQLPQLMIJI" target=NEW<<img src="http://alert.venturewire.com/images/mail2.gif" border="0" height="10" width="15" alt="mail"<</a< </td<</tr< <tr<<td colspan=2<<font face="verdana, arial, geneva, helvetica" size="2"<SAN FRANCISCO -- Red Herring Communications, a publisher of print and online news publications, has laid off 27% of its employees and canceled conferences planned for the first half of 2002, a spokesperson said. </font< [<a href="http://professional.venturewire.com/prostory.asp"<more..</a<]<br< <a href="http://www.redherring.com" target="_new"<<font face="verdana, arial, geneva, helvetica" size="2"<http://www.redherring.com</font<</a< </td<</tr<</table<<br< </td<</tr< <tr<<td< <br clear=all<<table cellpadding=4 BGCOLOR="#FFFFBB"<<tr<<td<<font face="courier" SIZE=2 color="black"<<center<<img border="1" height="60" width="120" src="http://venturewire.com/ads/120x60ads/alchemy.jpg" alt="Pervasive Computing Outlook"<</center< <br<In today's world, alchemy has less to do with transmuting <br<lead into gold than it does turning silicon into cash. <br<Alchemy Semiconductor, an Austin-based fabless <br<semiconductor company founded by key members of the <br<former DEC Alpha/StrongARM design team, has focused its <br<wizards on developing high-performance, low-cost <br<systems-on-a-chip for PDAs, Internet appliances, and <br<other Internet edge devices. Among the latest feats <br<is a processor that can handle real-time streaming <br<video and audio in the MPEG-4 format. CEO Jim Moore <br<will present Alchemy's story and technology at <br<Pervasive Computing Outlook. <br< <br<Register today to guarantee your place. <br< <br<Pervasive Computing Outlook <br<December 4 & 5, 2001 <br<San Francisco Airport Marriott<br< <a target=" _new" href="http://venturewire.com/ads/ad.asp?id=1581"<http://www.pervasivecomputingoutlook.com</a<</font<</td<</tr<</table< </td<</tr< <tr<<td< <br< <font face="verdana, arial, geneva, helvetica" size="2" color="black"< To cancel, change, or update your subscription:<br< </font< <font face="verdana, arial, geneva, helvetica" size="2" color="gray"< <a href="http://alert.venturewire.com/account.asp"<http://alert.venturewire.com/account.asp</a< </font< </td<</tr< </table< </html<
|