VC watch: Fast-Chip scores $27 million

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Friday's deals

• Semiconductor company Fast-Chip received $27 million in a second round of funding. Sunnyvale, Calif.-based Fast-Chip has raised a total of $39 million, with the latest round led by Berkeley International Capital. Other investors in the second round included Morgan Stanley Dean Witter Venture Partners and Intel Capital.

• Database software maker WhamTech received a $3 million first round of funding. WhamTech, based in Dallas, plans to use the proceeds to speed up the delivery of its products and increase its marketing efforts. HAP Investment Group was the investor in this round.

Thursday's deals

• MDeverywhere, a service company that allows doctors to process patient information on handheld computers, said Thursday it received a $15 million third round of funding. Schroder Ventures Life Sciences, InvestCare Partners, and Trellis Health Ventures participated in the latest round, along with previous investors Advent International, Acacia Venture Partners and Monarch Partners. With this latest funding, Durham, N.C.-based MDeverywhere has raised $28 million to date.

• Webcard Technologies received a $500,000 first round of funding to further market its credit card-sized CDs that feature e-commerce and tracking capabilities. San Diego-based Webcard received its funding from Sunrise Ventures and a member of the San Diego Tech Coast Angels.

• Training-software company Knowlagent said it received an $11 million second round of funding. The Atlanta-based company sells its software to call centers and has raised $18 million to date. Blue Chip Venture led the round, with other investors including Imlay Investments, First Analysis Venture Capital, Arbor Partners and River Cities Capital Funds. Imlay and First Analysis were also investors in the previous round. Knowlagent plans to use the proceeds from its latest round to develop new products and expand its international sales team.

• Tech executive recruiting company HireStrategy received a $1.5 million first round of funding. Reston, Va.-based HireStrategy which also recruits for the sales and finance industries, received funding from Prime Assets.

• CertCo, a security and risk management software company, raised $20 million in its second round of funding. Deutsche Bank, Tisch Family Interests, Bank One and Cazenove Private Equity were the investors, with representatives from Tisch and Bank One receiving a seat on CertCo's board. The New York-based company, which sells its software to online business-to-business companies, is a spinoff of the former Bankers Trust and has raised more than $100 million to date through equity investments and loans.

Wednesday's deals

• Captus Networks, which makes security devices to protect networks against DoS (denial-of-service) attacks, announced it has received a $16 million investment. The second round of funding will help the company develop new products and focus its sales and marketing. A DoS attack overwhelms a site's servers with a flood of bogus requests, effectively blocking surfers from accessing the site.

St. Paul Venture Capital, GMS Capital Partners and Celerity Partners participated in the funding, among others.

• Vonage, which is developing technology to send voice over the Internet, received $12 million in seed funding from angel investors. Edison, N.J.-based Vonage will use the funds to finish developing its SIP voice over IP (Internet protocol) technology--which will offer features such as multimedia, conference calling, and the delivery of multiple messages.

• Emtera, a maker of mobile customer-relationship management software, has received a $1.2 million first round of funding from Avisent, an investment arm of General Atlantic partners. Emtera, based in Arlington, Va., allows companies and retailers to gather data about their customers' shopping behavior, as well as to hold real-time digital discussions with customers in stores.

Tuesday's deals

• Tech publisher Red Herring has received a $15 million investment from Broadview Capital Partners, said Brian Hickey, a Broadview spokesman. The investment in the San Francisco-based publication adds to the $28 million Broadview and ZDNet invested in the company early last year. A spokeswoman from Red Herring declined to comment on the amount of funding the company has raised to date and its latest financing from Broadview. CNET Networks, publisher of News.com, is an investor in Red Herring.

• Ripple Technologies announced a $4.5 million second round of funding. Ripple, which monitors the performance of networks and systems for corporate customers, received its funding from NewSpring Ventures, Edison Venture Fund, Eastern Technology Fund and Wynnefield Private Equity. A partner from NewSpring and a managing director from Eastern Technology will join Ripple's board. This latest round brings the Washington Crossing, Pa.-based company's total funding to $7.5 million.

• Xythos Software received a $6.3 million first round of funding from IDG Ventures, Softbank Venture Capital and other investors. The San Francisco-based company has developed software that allows customers to access secure files from any Web-enabled device and allows them to write and share information. Xythos plans to use the funds to increase research and development, along with accelerating the debut of its WebFile software.

Monday's deals

• Wisor Telecom closed a $10 million third round of funding, bringing its total funding to $24 million. SAIC Venture Capital was the lead investor, with an $8 million investment. Rockville, Md.-based Wisor sells software to telecommunications and utility companies, which allows the companies to monitor how well they are delivering data services to their respective customers.

• Jungle Interactive Media said Monday it received a $9.5 million second round of funding. Kingdon Capital served as lead investor, with a $5 million investment, and early investors Korn/Ferry and Ridgewood Capital also participated in the second round. Jungle, the publisher of MBA Jungle and JD Jungle magazines, has received a total of $14 million in financing and does not expect to raise further rounds. The New York-based company said MBA Jungle, which launched last September, became profitable as of its May issue.

• Brix Networks, which sells products to verify the performance of an Internet service, received a $22 million third round of funding. The Chelmsford, Mass.-based company has raised a total of $47 million, and its latest investors include Fidelity Ventures, Partech International, and Star Ventures. Previous investors that participated in Brix's third round include Charles River Ventures and ComVentures.

• InterSAN, a storage-area management software company, said it received a $7.8 million first round of funding. Wit SoundView Ventures is the lead investor, and others include Alliance Ventures, Morgan Keegan & Co. and Kumar Malavalli, co-founder of Brocade Communications. Scotts Valley, Calif.-based InterSAN plans to use the funds to complete development of its product, which is designed to cut the costs and complexity of managing large storage networks used by multiple companies.

• Corticon Technologies said Monday that it received a $3.4 million first round of funding. The Redwood City, Calif.-based company develops software that automatically identifies ambiguous or conflicting information in data. Corticon's customers tend to be financial companies and insurance companies. Investors include American Century Ventures, an investment arm for American Century, and Securitas Ventures.