The Top 10 Northern California Venture Deals of the Second Quarter—Two Ways

7/17/10Follow @wroush

Followers of venture capital industry statistics know that at least three separate organizations tally the data and publish summaries a couple of weeks after the end of each quarter. They also know that the three organizations—Dow Jones VentureSource, MoneyTree, and CB Insights—rarely agree on all of the numbers.

Today we wanted to bring you a list of the 10 largest venture deals in Northern California for the second quarter of 2010. But we can’t show you just one list, because the sources don’t entirely agree. So we’ll show you two (CB Insights doesn’t provide lists of the biggest regional deals). For what it’s worth, a spokeswoman for Dow Jones VentureSource says their list is drawn only from the publishable deals; there are a number of stealth deals that were not included in the VentureSource list.

For fun, these are listed in reverse order—a countdown with the biggest deal last. As you’ll see, our two sources agree on six out of the 10 members of the top-10 list. But as for the exact order and the identities of the other four funded companies, well, we can’t tell you who’s right.

First the Dow Jones VentureSource list:

10. Solaria, Fremont. High-efficiency photovoltaic panels. $45.1 million. Funders: CMEA Capital, DBL Investors, Mitsui Ventures, NGEN Partners, Sigma Partners.

9. Pacific Biosciences, Menlo Park. High-speed gene sequencing machines. $50 million. Funders: CMEA Capital, DBL Investors, Mitsui Ventures, NGEN Partners, Sigma Partners.

8. SunRun, San Francisco. Financing for residential solar installations. $55 million. Funders: Accel Partners, Foundation Capital, Sequoia Capital.

7. Achaogen, South San Francisco. Antibiotics for drug-resistant infections. $56 million. Funders: 5AM Ventures, Alta Partners, ARCH Venture Partners, Domain Associates LLC, Frazier Healthcare Ventures, Venrock, Versant Venture Management LLC, Wellcome Trust.

6. Castlight Health, San Francisco. Healthcare cost information portals for large employers. $60 million. Funders: Cleveland Clinic Foundation, Maverick Capital Ltd., Morgan Stanley, Oak Investment Partners, U.S. Venture Partners, Venrock, Wellcome Trust.

5. TV2 Holding Co, Santa Rosa. Holding company for TriVascular, which makes endovascular devices for aortic repair. $60 million. Funders: Delphi Ventures, Kearny Venture Partners, MPM Capital, New Enterprise Associates, Pinnacle Ventures.

4. RGB Networks, Sunnyvale. Encoding technology for video delivery over broadband networks. $62 million. Funders: Comcast Interactive Capital.

3. Zynga Game Network, San Francisco. Online social games. $147.3 milion. Funders: SOFTBANK Japan.

2. Brightsource Energy, Oakland. Large-scale solar electric plants. $150 million. Funders: California State Teachers’ Retirement System, Draper Fisher Jurvetson, Morgan Stanley, VantagePoint Venture Partners.

1. Better Place, Palo Alto. Batteries and charging stations for electric vehicles. $350 million. Funders: HSBC Bank, Maniv Bioventures, Morgan Stanley, VantagePoint Venture Partners.

Continue to Page 2 for the MoneyTree list. … Next Page »

Wade Roush is Chief Correspondent and Editor At Large at Xconomy. You can subscribe to his Google Group or e-mail him at wroush@xconomy.com. Follow @wroush

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