VC backed Boston area companies

Agios Pharmacueticals, a Cambridge , Mass.-based biotech company focused on cancer metabolism, closed on $33 million in Series A funding. The round was co-led by Third Rock Ventures, Flagship Ventures and ARCH Venture Partners. Company Web site     Boston Insiders Spot Optaros $12M Series C Optaros Inc., a company that designs, automates and implements open-source applications for enterprises, has raised a $12 million Series C round from inside investors. http://www.optaros.com     Aspen Aerogels, a Northborough, Mass.-based nanotech company focused on insulation materials, has raised $37 million in fourth-round funding, according to VentureWire. Arcapita Ventures led the round, and was joined by return backers Lehman Brothers Venture Partners Reservoir Capital Group and RockPort Capital Partners. The company had previously raised over $61 million. www.aerogel.com   Optaros Inc., a Boston-based provider of enterprise consulting and systems integration services, has raised $12 million in Series C funding, according to a regulatory filing. 406 Ventures was joined by return backers Globespan Capital Partners, Charles River Ventures and General Catalyst Partners. The company had previously raised $19.5 million. www.optaros.com   Sciformix Corp., a Westborough, Mass.-based provider of knowledge process outsourcing services for the life sciences market, has raised $3.3 million in Series A funding. Flybridge Capital Partners led the round, with partner Chip Hazard taking a board seat. Read more...   JazzD Markets Inc., a Brookline, Mass.-based online directory startup, has raised $8 million in Series A funding, according to a regulatory filing. Backers include Commonwealth Capital Ventures and Pilot House Ventures. The company is run by former Aberdeen Group CEO James Bedard.   Imaging Equipment | Woburn, Mass. VisEn Receives Equity In Fox Chase Clinical-Stage Deal Having just signed a collaboration with Fox Chase Cancer Center, VisEn Medical Inc. has laid the groundwork for launching its fluorescence imaging agents into the clinical trial space. http://www.visenmedical.com http://www.fccc.edu   DemandWare Inc. has won an auction for the assets of N2N Commerce, a Cambridge , Mass-based maker of on-demand commerce management software for multichannel retailers. No financial terms were disclosed. DemandWare has raised around $44 million in VC funding from General Catalyst Partners, North Bridge Venture Partners and T-Venture Holding. N2N had raised $30 million in January 2007 from General Catalyst and Limited Brands, but ceased operations just one year later. www.demandware.com   Bullhorn, a Boston-based provider of on-demand staffing and recruiting software, has raised $26 million in fourth-round funding. New backers Highland Capital Partners and General Catalyst Partners co-led the deal. Read more...   Merrimack Pharmaceuticals Inc., a Cambridge, Mass.-based biotechnology company focused on the discovery and development of novel treatments for autoimmune disease and cancer, has raised $60 million in a series F private equity financing.Existing and new investors participated in the financing including Credit Suisse First Boston Next Fund Inc., Crocker Ventures, HNI Holdings Ltd., funds advised by Noonday Asset Management LP, TPG-Axon Capital, and WT Investment Advisors Fund LP. www.merrimackpharma.com Turbine Inc., a Westwood, Mass.–based MMO game publisher, today confirmed that it has raised $40 million in Series C funding. peHUB first reported the news in April. Granite Global Ventures and Time Warner co-led the round, and were joined by return backers Highland Capital Partners, Polaris Venture Partners, Tudor Ventures and Columbia Capital. The company has now raised more than $90 million, including a $30 million infusion in February 2005. Read more…   Syndexa Pharmaceuticals Corp., a Cambridge, Mass.-based metabolic drug discovery company, has raised $15 million in venture capital funding. The round was led by Yalcin Ayalsi, founder of Hitite Microwave Corp. www.syndexa.com   DebtFolio Inc., a Framingham, Mass.-based provider of personal debt management solutions, has raised over $2.3 million in Series A funding, according to a regulatory filing. Backers include Hub Angel Investment Group. www.debtfolio.com   Amherst, Mass. SunEthanol Nabs DuPont Biofuel Expert As CEO Cellulosic ethanol manufacturer SunEthanol Inc. has hired Dr. William Frey, a co-founder of DuPont Applied BioSciences, as chief executive. http://www.sunethanol.com   Boston First Coverage Bags $9M For Investment Pro Service First Coverage Inc., an information management company for investment firms, has raised a $9 million Series B financing led by Commonwealth Capital Ventures. http://firstcoverage.com   Cambridge, Mass. Hittite Founder Provides Syndexa With $15M Series B Metabolic disease treatment developer Syndexa Pharmaceuticals Corp. has raised a $15 million Series B round to bring its first two treatments to the clinic. http://www.syndexa.com   Boston E-Publisher Zmags Banks $4.2M For U.S. Push Zmags Inc., a provider of digital publishing software, has raised $4.2 million in Series B funding for U.S. expansion and to create a new Boston headquarters. http://www.zmags.com   EnvIO Networks Inc., a Waltham, Mass.-based developer of wireless messaging and content management technologies, has raised $10 million in Series B funding, according to a regulatory filing. Return backers include Matrix Partners and North Bridge Venture Partners. www.envionetworks.com   Azuki Systems (fka: peermeta), an Acton, Mass.-based mobile software startup, has raised $6.1 million in Series A funding, according to a regulatory filing. Backers include Kepha Partners and Sigma Partners. The round had been previously disclosed without a dollar amount. www.peermeta.com   Bullhorn Front office software for the staffing and recruiting industry Boston, Massachusetts   Hangout Industries 3D social networking Boston, Massachusetts   Movik Networks Infrastructure solutions to improve mobile user experience Littleton, Massachusetts   Old Road Computing Management of mobile devices on enterprise networks Westford, Massachusetts   Quattro Wireless Diverse ad placement across the mobile ecosystem  Walthm, Massachusetts   Tatara Systems Mobile services convergence platform Acton, Massachusetts   Avidyne Integrated flight deck systems for general aviation aircraft Lincoln, Massachusetts   Vertica Systems Database engine technology Andover/moving to Billerica August 2008, Massachusetts   Codon Devices Commercial applications of synthetic biology Cambridge, Massachusetts   ExaGrid Systems Leading provider of intelligent disk-based data protection Westborough, Massachusetts   Imprivata Enterprise identity management systems Lexington, Massachusetts   Virtual Iron Software Solutions for creating and managing virtual infrastructure Lowell, Massachusetts   Navic Networks Products and services for digital cable networks Waltham, Massachusetts