Alas, Skyhook Wireless, we hardly knew ye. Due to a data reporting error (just confirmed by Dow Jones), the Boston maker of geolocation systems is being bumped from the list we published earlier this afternoon of Top 10 second-quarter venture deals. Skyhook had been listed in the No. 9 spot, with $16.8 million raised. However, that turned out to be its total capital raised. The Q2 deal it closed was for a mere $8.5. We thank James Geshwiler of Common Angels for pointing this out. He had the inside track, since his group was one of the investors in Skyhook.
Replacing Skyhook on the list is Boston-based Carbonite. The online data-backup company raised $15 million in a third round of financing, for a tie with ninth-place Solace Pharmaceuticals. The lead investor was Menlo Ventures. But also taking part were 3i Group, and, yup, Common Angels.
Author: Robert Buderi
Bob is Xconomy's founder and chairman. He is one of the country's foremost journalists covering business and technology. As a noted author and magazine editor, he is a sought-after commentator on innovation and global competitiveness. Before taking his most recent position as a research fellow in MIT's Center for International Studies, Bob served as Editor in Chief of MIT's Technology Review, then a 10-times-a-year publication with a circulation of 315,000. Bob led the magazine to numerous editorial and design awards and oversaw its expansion into three foreign editions, electronic newsletters, and highly successful conferences. As BusinessWeek's technology editor, he shared in the 1992 National Magazine Award for The Quality Imperative.
Bob is the author of four books about technology and innovation. Naval Innovation for the 21st Century (2013) is a post-Cold War account of the Office of Naval Research. Guanxi (2006) focuses on Microsoft's Beijing research lab as a metaphor for global competitiveness. Engines of Tomorrow (2000) describes the evolution of corporate research. The Invention That Changed the World (1996) covered a secret lab at MIT during WWII. Bob served on the Council on Competitiveness-sponsored National Innovation Initiative and is an advisor to the Draper Prize Nominating Committee. He has been a regular guest of CNBC's Strategy Session and has spoken about innovation at many venues, including the Business Council, Amazon, eBay, Google, IBM, and Microsoft.
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