Venture Investors Spread Holiday Cheer to Mass. Startups in December: Companies Wrap Up $224 Million in Funding

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$19 million in equity and warrants in a Series E round. Behind it came ExaGrid Systems, a Westborough, MA-based provider of data storage equipment and deduplication software that nabbed $16 million in its fifth venture round.

Other highlights from the December data, and a table of all the month’s equity deals, follow.

— November’s sector winner, healthcare, won again in December with 10 deals worth $66.51 million. Electronics followed with $40.9 million in five deals, nudging out the $40.7 million the Internet sector brought in through nine venture investments (one of which includes an unspecified equity round with backup services company VaultLogix). Software-the No. 2 sector in dollar terms in November-came in fourth with $30.5 million and five deals.

— Venture funding for Internet startups seemed to be on the mend in December. In November, the sector saw the biggest decline in deal numbers, dropping to three from nine in October. Not only were deals back up to nine in December, but the dollars invested in the sector were nearly $30 million over the $11.25 million invested in November.

— In December, energy investing looked like it was continuing the cautious comeback begun the previous month. The solo energy venture deal in December, $10 million in Series A funding to Harvest Power of Waltham, MA, is more than triple the $3 million that was invested in two energy companies in November.

December Venture Deals by Company

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