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January 2, 2007

Venture Exits in 2006: Life Sciences Sees Big Gains

Here are the ten largest exits for venture-backed startups in 2006. The most interesting thing to me is that four of the ten largest are from pharma/life sciences. I may be wrong on this, but I'm reasonably sure it is the highest proportion of non-IT/communications deals in the history of the modern venture business.

Here are the 2006 details including the startup's name, purchase price, acquirer's name, VCs involved:

1) YouTube - $1.65 billion - Google - Sequoia Capital
2) Flarion Technologies - $600 million - Qualcomm - Bessemer Venture Partners, Charles River Ventures, Cisco
3) Xspedius Communications - $580 million - Time Warner Telecom - Meritage Funds, Thermo Capital Partners; others
4) Healthfield - $454 million - Gentiva Health Services - Patricof & Co.; many others
5) CorSolutions - $445 million - Matria Healthcare - CrossBow Ventures; many others
6) Corus Pharma - $419.5 million - Gilead Sciences - MPM Capital; many, many others
7) Mobile 365 - $417 million - Sybase - Draper Fisher Jurvetson, Institutional Venture Partners, Mayfield; others
8) LANDesk - $400 million - Avocent - Blueprint Ventures, Intel Capital, Vector Capital, vSpring Capital, WestBridge Ventures
9) GlycoFi - $400 million - Merck & Co. - Borealis Ventures, Boston Millennia Partners, Peninsula Equity Partners; many others
10) Wily Technology - $375 million - CA International - Accel Partners, Focus Ventures, Greylock Capital, Peninsula Equity Partners

[via TheDeal]

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