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Sorry Skyhook, Welcome Carbonite

Robert Buderi 7/23/07

Alas, Skyhook Wireless, we hardly knew ye. Due to a data reporting error (just confirmed by Dow Jones), the Boston maker of geolocation systems is being bumped from the list we published earlier this afternoon of Top 10 second-quarter venture deals. Skyhook had been listed in the No. 9 spot, with $16.8 million raised. However, that turned out to be its total capital raised. The Q2 deal it closed was for a mere $8.5. We thank James Geshwiler of Common Angels for pointing this out. He had the inside track, since his group was one of the investors in Skyhook.

Replacing Skyhook on the list is Boston-based Carbonite. The online data-backup company raised $15 million in a third round of financing, for a tie with ninth-place Solace Pharmaceuticals. The lead investor was Menlo Ventures. But also taking part were 3i Group, and, yup, Common Angels.


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