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<a href="http://alert.venturewire.com"><img src="http://alert.venturewire.com/logCount.asp?s=91736&i=11/19/2001" border="0" alt="VentureWire Alert"></a>
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&nbsp;<font face="verdana, verdana, arial, geneva, helvetica" size=1 color="white"><b>For Jeffrey Dasovich, Enron</b></font>
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<font face="verdana, verdana, arial, geneva, helvetica" SIZE=2 color="black"><b>VENTURE <br>MARKET <br>SUMMARY </b></font>
<br><br>



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<table border="0" width="90%" cellspacing=0 cellpadding=0><tr><td><font face="verdana, arial, geneva, helvetica" size="2">It was a big day for fundraising. Jerusalem Venture Partners is expected to announce the closing of $400 million in Fund IV. Adveq, HarbourVest, and Technion are new limited partners that have invested since the first closing of $350 million in the summer. Columbia University, Infineon, Nortel Networks, the Government of Singapore, and Temasek were new limited partners that participated in the first closing.<br><br>Lexington Partners also made the news. The private equity firm said it has made a first close with an undisclosed amount on Lexington Capital Partners V, a planned $2.5 billion fund. The fund is targeted to close by year&#39;s end and will purchase limited partnership interests on a secondary basis and consolidate the capital the firm has in its
four other funds.<br><br>17 startups reported raising $95 million on Friday, including Entropic Communications, a provider of semiconductor products and system services for enterprise and residential broadband communications, that raised a $14-million first round of funding, VentureWire has learned. Redpoint Ventures led the round with participation from CMEA Ventures, Liberty Associated Group, Mission Ventures, and Revolution Ventures.<i> - By <a href="mailto:fuller@technologicp.com">John Fuller</a></i></font></td></tr></table>
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The complete text of the stories below, as well as 16
			additional venture-capital and private-company stories,
			are available today exclusively to subscribers to our
			new, premium service, VentureWire Professional. <a href="http://professional.venturewire.com/m2_professional.asp">Find
			out more.</a>
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<font face="verdana, arial, geneva, helvetica" size="2" color=red><b>Pervasive Computing Outlook</b></font>

<br><font face="verdana, arial, geneva, helvetica" size="1">
San Francisco Airport Marriott<br>Burlingame, CA<br>December 4 & 5<br><br></font>

<a href="http://pervasivecomputingoutlook.com/home.asp">
<img border="0" height="110" width="82" align=left
src="http://venturewire.com/ads/110x82ads/Saffo.jpg"
alt="Pervasive Computing Outlook"></a><font face="verdana, arial, geneva, helvetica" size="1"><b>Paul Saffo</b><br>Director,<br>Institute for the Future<br><br clear="all">
<br>
To help us with the big picture and what it means for pervasive computing, we&#39;re delighted that Paul Saffo is one of the panelists on Day 1 of Pervasive Computing Outlook.  If there&#39;s one person in Silicon Valley who you should hear on IT trends and their implications for business and society, there&#39;s no-one better than him.  Oft quoted and much published he&#39;s a senior member of the Institute for the Future, the non-profit that provides strategic planning and forecasting services to a extensive range of business and government bodies.  He serves on a wide variety of boards and advisory panels, including the AT&amp;T Technology Advisory Board, the World Economic Forum Global Issues Group, and the Stanford Law School Advisory Council on Science, Technology and Society.  To hear his insight on the evolution and future of pervasive computing, <a href="https://secure.technologicpartners.com/pcoregister.asp"> register today for one of the remaining places. </a></fo!
nt>

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<br clear=all><table cellpadding=4 BGCOLOR="#FFFFBB"><tr><td><font face="courier" SIZE=2 color="black"><center><img border="1" height="60" width="120" src="http://venturewire.com/ads/120x60ads/nanomuscle.jpg" alt="Pervasive Computing Outlook"></center>
<br>Not often do most of us get a chance to witness the
<br>beginnings of an entire new technology. At Pervasive
<br>Computing Outlook, Robert MacGregor, founder,
<br>president, and CEO of NanoMuscle, will introduce us
<br>to the wonders of a new miniature linear motion
<br>technology that may displace one of today&#39;s most
<br>widely used conventional technologies, small
<br>electromagnetic motors. These tiny actuators--or
<br>"nanomuscles"--can be mass produced at low cost
<br>and promise to find their way into a wide range
<br>of products from toys, cameras, and consumer
<br>electronics products to computer peripherals
<br>and automobiles.
<br>
<br>Register today to hear what&#39;s in store for
<br>NanoMuscle and its technology.
<br>
<br>Pervasive Computing Outlook
<br>December 4 & 5, 2001
<br>San Francisco Airport Marriott<br>
<a target=" _new" href="http://venturewire.com/ads/ad.asp?id=1565">http://www.pervasivecomputingoutlook.com</a></font></td></tr></table>
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<font face="verdana, verdana, arial, geneva, helvetica" SIZE=2 color="black"><b>NOTABLE DEALS</b></font><br><br>
<table border="0" width="80%" cellspacing=0 cellpadding=0><tr><td><a name="vwHHNMJPKIJI"><b><font face="verdana, arial, geneva, helvetica" size="2">Jerusalem Venture Partners Closes $400 Million Fund IV</font></b></a></td><td align="right">&nbsp;&nbsp;<a href="http://alert.venturewire.com/o_mailer.asp?sid=HHNMJPKIJI" target=NEW><img src="http://alert.venturewire.com/images/mail2.gif" border="0" height="10" width="15" alt="mail"></a>&nbsp; </td></tr>
<tr><td colspan=2><font face="verdana, arial, geneva, helvetica" size="2">NEW YORK -- Jerusalem Venture Partners is expected to announce the closing of $400 million in Fund IV, its latest fund. The firm began fund-raising at the end of 2000 and initially expected to raise $500 million.
 </font> [<a href="http://professional.venturewire.com/prostory.asp">more..</a>]<br>
<a href="http://www.jvpvc.com" target="_new"><font face="verdana, arial, geneva, helvetica" size="2">http://www.jvpvc.com</font></a>
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<table border="0" width="80%" cellspacing=0 cellpadding=0><tr><td><a name="vwQPPOKKKIJI"><b><font face="verdana, arial, geneva, helvetica" size="2">Semiconductor Firm Entropic Raises $14 Million Round One</font></b></a></td><td align="right">&nbsp;&nbsp;<a href="http://alert.venturewire.com/o_mailer.asp?sid=QPPOKKKIJI" target=NEW><img src="http://alert.venturewire.com/images/mail2.gif" border="0" height="10" width="15" alt="mail"></a>&nbsp; </td></tr>
<tr><td colspan=2><font face="verdana, arial, geneva, helvetica" size="2">SAN DIEGO -- Entropic Communications, a provider of semiconductor products and system services for enterprise and residential broadband communications, has raised a $14-million first round of funding, VentureWire has learned.
 </font> [<a href="http://professional.venturewire.com/prostory.asp">more..</a>]<br></td></tr></table><br>
<table border="0" width="80%" cellspacing=0 cellpadding=0><tr><td><a name="vwNKKLHILIJI"><b><font face="verdana, arial, geneva, helvetica" size="2">Village Networks Lets Go of One-Third of Staff</font></b></a></td><td align="right">&nbsp;&nbsp;<a href="http://alert.venturewire.com/o_mailer.asp?sid=NKKLHILIJI" target=NEW><img src="http://alert.venturewire.com/images/mail2.gif" border="0" height="10" width="15" alt="mail"></a>&nbsp; </td></tr>
<tr><td colspan=2><font face="verdana, arial, geneva, helvetica" size="2">EATONTOWN, N.J.  -- Village Networks, a provider of integrated packet over optics networking technology, said it has laid off one-third of its staff, approximately 39 people.
 </font> [<a href="http://professional.venturewire.com/prostory.asp">more..</a>]<br>
<a href="http://www.villagenetworks.com" target="_new"><font face="verdana, arial, geneva, helvetica" size="2">http://www.villagenetworks.com</font></a>
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<table border="0" width="80%" cellspacing=0 cellpadding=0><tr><td><a name="vwHHLJKLJIJI"><b><font face="verdana, arial, geneva, helvetica" size="2">Lexington Partners Has First Close of $2.5 Billion Fund V</font></b></a></td><td align="right">&nbsp;&nbsp;<a href="http://alert.venturewire.com/o_mailer.asp?sid=HHLJKLJIJI" target=NEW><img src="http://alert.venturewire.com/images/mail2.gif" border="0" height="10" width="15" alt="mail"></a>&nbsp; </td></tr>
<tr><td colspan=2><font face="verdana, arial, geneva, helvetica" size="2">NEW YORK -- Lexington Partners, a private equity firm, said it has made a first close with an undisclosed amount on Lexington Capital Partners V, a planned $2.5 billion fund.
 </font> [<a href="http://professional.venturewire.com/prostory.asp">more..</a>]<br>
<a href="http://www.lexingtonpartners.com" target="_new"><font face="verdana, arial, geneva, helvetica" size="2">http://www.lexingtonpartners.com</font></a>
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<a href="http://venturewire.com/index.asp"><font face="verdana, verdana, arial, geneva, helvetica" SIZE=2 color="black"><b>VENTUREWIRE INDEX</b></font></a>
<a href="http://venturewire.com/index.asp"><img alt='VentureWire Index' border='0' src="http://208.185.40.7/charts/images/newsAVWIX.jpg"></a><br>
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<table border="0" width="80%" cellspacing=0 cellpadding=0><tr><td><a name="vwHHINKOIIJI"><b><font face="verdana, arial, geneva, helvetica" size="2">Blue Falcon Gets $4.7 Million in First Tranche of Series B</font></b></a></td><td align="right">&nbsp;&nbsp;<a href="http://alert.venturewire.com/o_mailer.asp?sid=HHINKOIIJI" target=NEW><img src="http://alert.venturewire.com/images/mail2.gif" border="0" height="10" width="15" alt="mail"></a>&nbsp; </td></tr>
<tr><td colspan=2><font face="verdana, arial, geneva, helvetica" size="2">LOS ANGELES -- Blue Falcon, a maker of distributed computing technologies, said it closed on $4.7 million in the first tranche of venture funding in its second round.
 </font> [<a href="http://professional.venturewire.com/prostory.asp">more..</a>]<br>
<a href="http://www.bluefalcon.com" target="_new"><font face="verdana, arial, geneva, helvetica" size="2">http://www.bluefalcon.com</font></a>
</td></tr></table><br>
<table border="0" width="80%" cellspacing=0 cellpadding=0><tr><td><a name="vwNOJHMPJIJI"><b><font face="verdana, arial, geneva, helvetica" size="2">Robotic Technology Firm InTank Gets $17 Million First Round</font></b></a></td><td align="right">&nbsp;&nbsp;<a href="http://alert.venturewire.com/o_mailer.asp?sid=NOJHMPJIJI" target=NEW><img src="http://alert.venturewire.com/images/mail2.gif" border="0" height="10" width="15" alt="mail"></a>&nbsp; </td></tr>
<tr><td colspan=2><font face="verdana, arial, geneva, helvetica" size="2">LAUREL, MD. -- InTank, a developer of robotic technology for cleaning and inspecting aboveground storage tanks, said it has raised $17 million in its first round of funding.
 </font> [<a href="http://professional.venturewire.com/prostory.asp">more..</a>]<br>
<a href="http://www.intank.com" target="_new"><font face="verdana, arial, geneva, helvetica" size="2">http://www.intank.com</font></a>
</td></tr></table><br>
<table border="0" width="80%" cellspacing=0 cellpadding=0><tr><td><a name="vwINOJNKJIJI"><b><font face="verdana, arial, geneva, helvetica" size="2">Voice Messaging Service Evoxis Closes $1-Million Round One</font></b></a></td><td align="right">&nbsp;&nbsp;<a href="http://alert.venturewire.com/o_mailer.asp?sid=INOJNKJIJI" target=NEW><img src="http://alert.venturewire.com/images/mail2.gif" border="0" height="10" width="15" alt="mail"></a>&nbsp; </td></tr>
<tr><td colspan=2><font face="verdana, arial, geneva, helvetica" size="2">PITTSBURGH -- Evoxis, a provider of software and services that enable companies to deliver personalized information to voicemail, is expected to announce the closing of $1 million in a first round of financing.
 </font> [<a href="http://professional.venturewire.com/prostory.asp">more..</a>]<br>
<a href="http://www.evoxis.com" target="_new"><font face="verdana, arial, geneva, helvetica" size="2">http://www.evoxis.com</font></a>
</td></tr></table><br>
<table border="0" width="80%" cellspacing=0 cellpadding=0><tr><td><a name="vwMJJOOLKIJI"><b><font face="verdana, arial, geneva, helvetica" size="2">Open Harbor Docks With $10 Million in Round Two</font></b></a></td><td align="right">&nbsp;&nbsp;<a href="http://alert.venturewire.com/o_mailer.asp?sid=MJJOOLKIJI" target=NEW><img src="http://alert.venturewire.com/images/mail2.gif" border="0" height="10" width="15" alt="mail"></a>&nbsp; </td></tr>
<tr><td colspan=2><font face="verdana, arial, geneva, helvetica" size="2">SAN CARLOS, CALIF. -- Open Harbor, formerly myCustoms, a provider of real-time trade automation for global enterprises, said it has closed $10 million in a second round of funding. New financing will be used for sales, marketing, and product development.
 </font> [<a href="http://professional.venturewire.com/prostory.asp">more..</a>]<br>
<a href="http://www.openharbor.com" target="_new"><font face="verdana, arial, geneva, helvetica" size="2">http://www.openharbor.com</font></a>
</td></tr></table><br>
<br clear=all><table cellpadding=4 BGCOLOR="#FFFFBB"><tr><td><font face="courier" SIZE=2 color="black"><center><img border="1" height="110" width="82" src="http://venturewire.com/ads/110x82ads/Friedman.jpg" alt="Healthcare Outlook"></center>
<br>Dr. Michael Friedman
<br>SVP, Research & Development
<br>Pharmacia Corp.
<br>
<br>If it&#39;s an expert viewpoint from both sides of the
<br>regulatory divide you&#39;re looking for, Michael Friedman&#39;s
<br>superbly qualified to ask.  A former acting commissioner
<br>of the FDA, and currently head of research at Pharmacia,
<br>he understands both the drug regulatory process and the
<br>pharmaceutical research and development process
<br>intimately.  He bridges all the key areas on what it
<br>takes to get a drug through development and approval.
<br>On October 30th, it was announced that he will spearhead
<br>the Pharmaceutical Research and Manufacturers of America&#39;s
<br>(PhRMA) initiative to protect public health as PhRMA&#39;s
<br>Chief Medical Officer for Biomedical preparedness.
<br>
<br>Register your place today to hear his address at
<br>Healthcare Outlook
<br>
<br>Healthcare Outlook
<br>San Francisco Airport Marriott
<br>January 22, 2002<br><br><a target=" _new" href="http://venturewire.com/ads/ad.asp?id=1566">http://www.healthcareoutlook.com</a></font></td></tr></table><br>

<table border="0" width="80%" cellspacing=0 cellpadding=0><tr><td><a name="vwQLNLKHLIJI"><b><font face="verdana, arial, geneva, helvetica" size="2">Concierge Service tenUK Buys Compeititors Liberate, Entrust</font></b></a></td><td align="right">&nbsp;&nbsp;<a href="http://alert.venturewire.com/o_mailer.asp?sid=QLNLKHLIJI" target=NEW><img src="http://alert.venturewire.com/images/mail2.gif" border="0" height="10" width="15" alt="mail"></a>&nbsp; </td></tr>
<tr><td colspan=2><font face="verdana, arial, geneva, helvetica" size="2">LONDON -- Time Energy Network (tenUK), a personal concierge service, said it has acquired London-area competitors, Liberate and Entrust. Terms of the all-cash deals were not disclosed.
 </font> [<a href="http://professional.venturewire.com/prostory.asp">more..</a>]<br>
<a href="http://www.tenuk.com" target="_new"><font face="verdana, arial, geneva, helvetica" size="2">http://www.tenuk.com</font></a>
</td></tr></table><br>

<table border="0" width="80%" cellspacing=0 cellpadding=0><tr><td><a name="vwQJKILNJIJI"><b><font face="verdana, arial, geneva, helvetica" size="2">Redleaf Co-CEO Lloyd Mahaffey Named Chairman of RedSiren</font></b></a></td><td align="right">&nbsp;&nbsp;<a href="http://alert.venturewire.com/o_mailer.asp?sid=QJKILNJIJI" target=NEW><img src="http://alert.venturewire.com/images/mail2.gif" border="0" height="10" width="15" alt="mail"></a>&nbsp; </td></tr>
<tr><td colspan=2><font face="verdana, arial, geneva, helvetica" size="2">PITTSBURGH, PA. -- RedSiren Technologies, which provides remote IT management and security services, is expected to announce the appointment of Lloyd Mahaffey, co-CEO of Redleaf, as chairman.
 </font> [<a href="http://professional.venturewire.com/prostory.asp">more..</a>]<br>
<a href="http://www.redsiren.com" target="_new"><font face="verdana, arial, geneva, helvetica" size="2">http://www.redsiren.com</font></a>
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<br clear=all><table cellpadding=4 BGCOLOR="#FFFFBB"><tr><td><font face="courier" SIZE=2 color="black"><center><img border="1" height="60" width="120" src="http://venturewire.com/ads/120x60ads/alchemy.jpg" alt="Pervasive Computing Outlook"></center>
<br>In today&#39;s world, alchemy has less to do with transmuting
<br>lead into gold than it does turning silicon into cash.
<br>Alchemy Semiconductor, an Austin-based fabless
<br>semiconductor company founded by key members of the
<br>former DEC Alpha/StrongARM design team, has focused its
<br>wizards on developing high-performance, low-cost
<br>systems-on-a-chip for PDAs, Internet appliances, and
<br>other Internet edge devices. Among the latest feats
<br>is a processor that can handle real-time streaming
<br>video and audio in the MPEG-4 format. CEO Jim Moore
<br>will present Alchemy&#39;s story and technology at
<br>Pervasive Computing Outlook.
<br>
<br>Register today to guarantee your place.
<br>
<br>Pervasive Computing Outlook
<br>December 4 & 5, 2001
<br>San Francisco Airport Marriott<br>
<a target=" _new" href="http://venturewire.com/ads/ad.asp?id=1567">http://www.pervasivecomputingoutlook.com</a></font></td></tr></table>
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