VC watch: eRealty.com raises $15 million

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Friday's deals

• Online real estate company eRealty.com raised a $15 million second round of funding, led by Milestone Equities. Other investors included TL Ventures and Polaris Venture Partners. eRealty, based in Houston, has raised a total of $27 million and anticipates raising a third round later this year. The company offers real estate and brokerage services from its Web site, as well as from offices in Atlanta, Baltimore, Chicago, Dallas, Houston, and Southern California.

• Concierge and personal assistance company Circles said Friday it received a $10 million third round of funding. Hearst Interactive Media led the round, with Axxon Capital and previous investors TL Ventures and Trident Capital participating. Circles, based in Boston., has raised a total of $26.8 million.

• ERisk raised a $10 million second round of funding that was led by J.P.Morgan Partners and included previous investors Aventic, Katalyst Venture Partners and Risk Management Solutions. New York-based ERisk has raised a total of $30 million for its risk measurement and management software company.

Thursday's deals

• Atomic Tangerine said it received a $12.6 million third round of funding. T.A. Associates and Sienna Ventures led the round, and previous investors SRI International, Mitsubishi Electric Information Network and Oki Electric Industry joined in. Atomic Tangerine, based in Menlo Park, Calif., provides an information security service--ranging from risk assessment to training programs. With the latest funding, the company has raised a total of $28 million.

• Wireless software company Stick Networks raised $12 million as part of a second round of funding, which it expects to close in early July. Viridian Capital Partners, Venture Builders and Gryphon Partners were among the investors, as well as angel investors David Duffield, former PeopleSoft chief executive; and Charlie Jackson, former Airtouch Paging chief executive. Stick Networks has raised a total of $14.5 million in funding. The Dallas-based company plans to use the latest funding to launch its software and services, which allow wireless operators to offer integrated voice, e-mail, instant messaging and personalized content.

• Security service company Foundstone received a $9 million second round of funding. Investors include law firm Wilson, Sonsini, Goodrich & Rosati; OVP Venture Partners; and Riordan, Lewis & Haden, an investment firm of Los Angeles mayor Richard Riordan. Irvine, Calif.-based Foundstone provides security assessment services and education. The company raised a total of $12.5 million with this latest round.

Wednesday's deals

• eIntelligence has received an $8 million second round of financing led by Commonwealth Capital Ventures. Other investors included Brightstone Capital, Barnard, Discovery Ventures and previous investor JMI Equity Fund. eIntelligence has raised a total of $13.3 million and increased its valuation by 50 percent in the latest round, a company representative said. The Minneapolis-based company develops software that allows companies to collect data throughout their organization, analyze the information, and create "what if" scenarios designed to help executives make decisions. Representatives from Commonwealth Capital and Discovery Ventures will join the company's board.

• Xora said it received a $7 million first round of funding from Wit SoundView Ventures. Xora, based in Mountain View, Calif., provides software that connects applications that run a company's back-office operations to wireless and wired devices from phones to personal digital assistants.

Tuesday's deals

• LifeClips said it received a $12.2 million second round of funding, led by St. Paul Venture Capital. The Acton, Mass.-based services company works with consumers who want to convert their videotapes to DVDs. LifeClips, which has raised a total of $16.5 million with this latest round, plans to use the proceeds to build its service through retail stores, as well as through its Web site. The company also said it is partnering with national drug store chain Eckerd, which will allow customers to drop off their videotapes at stores in the Tampa Bay, Fla., region.

• Vibrant Solutions received a $26 million first round of funding as the company launched its new operations. Vibrant, formed via the merger of InformationView, Telecon, and Network Audit Control, provides software and services designed to reduce the cost for service and content providers. The Fairfax, Va.-based company has technology designed to extract data from networks and place it in a database. Once the information is in the database, a company's finance department can troll through the data to find areas for cost reductions. Bessemer Venture Partners and Columbia Capital were investors in the first round.

• High-speed Internet access company STSN has raised $46.5 million in its fourth round of funding. Siemens and On Command led the round, with previous investors Marriott International, Intel, Vantage Point Venture Partners, APV Technology Partners and ThomVest Holdings joining in. A representative from Siemens will join STSN's board of directors. STSN, based in Salt Lake City, has raised a total of $156.5 million, and its valuation has dropped slightly from the previous round, Chief Executive Will West said. West added, though, that considering the market's steep decline, he is pleased with the valuation his company received. STSN's service targets the hotel industry and allows customers to use an Ethernet or USB connection without changing their computer settings to get a high-speed connection.

Monday's deals

• Streaming media services company Ten-TV has received a $5 million third round of funding from lead investor Crest Communications Holdings. Ten-TV, which also has a video search engine and offers video portal applications, has raised a total of $18 million. Customers of the Ardsley, N.Y.-based company include Compaq Computer, Microsoft and CompUSA.

• Network management services company Inteq has received a $40 million second round of funding that was led by Merrill Lynch affiliates. Other investors include Mercury Interactive, along with previous investors Charles River Ventures and M/C Venture Partners. With this latest round, Inteq has raised a total of $55 million in venture funding. The Bedford, Mass.-based company plans to use the proceeds to expand its sales staff for its InfraServices, which monitors and manages networks and is designed to prevent outages.

• Supply chain software company Mezzia said it raised a $5.6 million second round of funding, with KB Partners serving as lead investor. KB will receive a seat on Mezzia's board and was joined by investors Mason Wells and Gazelle TechVentures. The Indianapolis, Ind.-based company plans to initially target the health care industry with software to connect companies to their suppliers and customers. Mezzia's software is designed to speed the order and delivery process. Mezzia, with this latest round, has raised a total of $10 million.

• Workbrain said it closed a $20 million second round, with ABS Ventures serving as lead investor. ABS, along with new investor NB Capital Venture Partners, will receive seats on the board. Other investors include Accenture Technology Ventures and previous private investors. Workbrain, based in Burlington, Mass., has raised a total of $25 million with the latest round and received an increase in valuation, a representative said. Workbrain's employee-relationship management software handles such tasks as automatically routing employees' vacation or shift-change requests appropriately.

• Zagros Networks landed a $6.3 million first round of funding from Mohr Davidow Ventures and Novak Biddle Venture Partners. Representatives from both firms will receive seats on Zagros' board. The Beltsville, Md.-based company is developing technology to reduce data traffic congestion.