Top VC Recipients of 2009 (so far)

In light of Twitter having raised over $135 million in VC funding so far this year (new round plus January round), I figured it was time for a Top 10 list of 2009 venture recipients.

And, no, Twitter is not in the top spot. That honor goes to Clovis Oncology, which raised over $146 million in a Series A round four months ago.

A few metrics notes: (1) The list only includes U.S.-based companies. It didn’t appear that any non-U.S. companies qualified and, if they did, I didn’t want to get bogged down in currency disputes; (2) The list aggregates all VC funding secured in 2009, rather than individual rounds; (3) The calculations do not include government funding (grants, etc); (4) The ability to secure lots of VC dollars does not necessarily correlate to a strong company or strong returns.

So, without further ado, get the full list below:

#1: Clovis Oncology Inc.
Amount: $146 million
Location: Boulder, Colorado
Business: Anti-cancer therapeutics
Investors: Domain Associates, New Enterprise Associates (NEA), Versant Ventures, Aberdare Ventures, Abingworth, Frazier Healthcare Ventures and ProQuest Investments

#2: Twitter
Amount: $139 million (including approx. $4m in pro rata re-ups on Feb round, according to SEC filing)
Location: San Francisco, California
Business: Micro messaging platform
Investors: Benchmark Capital, Insight Venture Partners, Institutional Venture Partners, Morgan Stanley, Spark Capital, T Rowe Price and Union Square Ventures.

#3: Tesla Motors
Amount: $138 million
Location: San Carlos, California
Business: Electric vehicles
Investors: Draper Fisher Jurvetson, Daimler AG and VantagePoint Venture Partners.

#4: SolFocus
Amount: $77 million
Location: Mountain View, California
Business: Solar concentrator photovoltaic systems
Investors: Demeter Partners, Advanced Equities, Apex Venture Partners, New Enterprise Associates, NGEN Partners and Yellowstone Ventures

#5: Suniva
Amount: $75 million
Location: Norcross, Georgia
Business: Solar photovoltaic technology
Investors: Warburg Pincus, Apex Venture Partners, New Enterprise Associates, H.I.G. Ventures and Advanced Equities

#6: Workday
Amount: $75 million
Location: Pleasanton, California
Business: Enterprise resource planning
Investors: New Enterprise Associates and Greylock Partners

#7: ExactTarget
Amount: $70 million
Location: Indianapolis, Indiana
Business: Email marketing softwar
Investors: Battery Ventures, Scale Venture Partners and Montagu Newhall

#8: Pacific Biosciences
Amount: $68 million
Location: Menlo Park, California
Business: DNA gene sequencing
Investors: Monsanto, Wellcome Trust, Sutter Hill Ventures, Deerfield Management, Intel Capital, Morgan Stanley, Redmile Group, T. Rowe Price, Mohr Davidow Ventures, Kleiner Perkins Caufield and Byers, Alloy Ventures, Maverick Capital, AllianceBernstein, DAG Ventures, Teachers’ Private Capital and Blackstone Cleantech Venture Partners.

#9: V-Vehicle Company
Amount: $62 million (up to $66m, based on SEC filing)
Location: San Diego, California
Business: Electric vehicles
Investors: Kleiner Perkins Caufield & Byers, T Boone Pickens

#10 (tied): Hyperion Therapeutics
Amount: $60 million
Location: San Francisco, California
Business: Gastroenterology and hepatology drugs
Investors: Bay City Capital, Panorama Capital, Highland Capital Partners, New Enterprise Associates and Sofinnova Ventures

#10 (tied): Serious Materials
Amount: $60 million
Location: Sunnyvale, California
Business: Green building materials
Investors: Mesirow Financial Capital, New Enterprise Associates, Foundation Capital, Navitas Capital, Rustic Canyon, Enertech Capital, Cheyenne and Saints Capital

Related Posts

4 Comments

Leave a Reply

PEHUB Community

Join the 12501 members of peHUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

Psst! Got any hot tips?

  • This field is for validation purposes and should be left unchanged.

PE HUB News Briefs

RSS Feed Widget

Marketplace

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget

Reuters VC and PE feed

RSS Feed Widget