Xconomy Boston

Sorry Skyhook, Welcome Carbonite

Robert Buderi7/23/07Leave a Comment

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.

Bob is Xconomy's founder and editor in chief. You can e-mail him at bbuderi@xconomy.com, call him at 617.500.5926, or follow him on Twitter at http://twitter.com/bbuderi.

Related Topics

Add Your Thoughts

You will have 10 minutes to edit your post after you press publish.

Comments may be edited for clarity and length, rejected, or deleted.
By clicking "Publish," you are agreeing to these Terms and Conditions.

    

Business, life sciences, and technology news — covering Boston, Seattle, San Diego, Detroit, San Francisco, New York and beyond.

© 2007-2012, Xconomy, Inc. Xconomy is a registered service mark of Xconomy, Inc. All rights reserved.

Site produced by Andrew Koyfman with design from Rob Hunter.