Tech Company Financing Transactions

Cempra Funding Round

Cempra secured a $46 million Series C funding round on 5/14/2009. Backers included Quaker Partners, Aisling Capital and Devon Park Bioventures.

Transaction Overview

Company Name
Cempra
Announced On
5/14/2009
Transaction Type
Venture Equity
Amount
$46,000,000
Round
Series C
Investors

Quaker Partners (Lead Investor) (Geeta Vemuri)

Aisling Capital (Dov Goldstein)

Devon Park Bioventures

Intersouth Partners (Garheng Kong)

Teachers' Private Capital

Proceeds Purpose
The funds will be used for the continued clinical development of CEM-101, Cempra's lead macrolide compound; CEM-102, its promising oral antibiotic for gram-positive infections; and other preclinical stage, non-antibacterial macrolide programs.

Company Information

Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
6320 Quadrangle Dr. 360
Chapel Hill, NC 27517
USA
Phone
(919) 313-6601
Website
www.cempra.com
Email Address
[email protected]
Overview
Cempra develops novel, well-differentiated antibiotics to meet critical medical needs.
Profile
Cempra LinkedIn Company Profile
Social Media
Cempra Company Twitter Account
Company News
Cempra News
Facebook
Cempra on Facebook
YouTube
Cempra on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Prabhavathi Fernandes
  Prabhavathi Fernandes LinkedIn Profile  Prabhavathi Fernandes Twitter Account  Prabhavathi Fernandes News  Prabhavathi Fernandes on Facebook
Chief Financial Officer
Mark Hahn
  Mark Hahn LinkedIn Profile  Mark Hahn Twitter Account  Mark Hahn News  Mark Hahn on Facebook
VP - Bus. Development
Carl Foster
  Carl Foster LinkedIn Profile  Carl Foster Twitter Account  Carl Foster News  Carl Foster on Facebook
VP - Regulatory Affairs
Gary Horwith
  Gary Horwith LinkedIn Profile  Gary Horwith Twitter Account  Gary Horwith News  Gary Horwith on Facebook

 

 

Browse more venture capital transactions:

Prev: 5/13/2009: High Density Networks venture capital transaction
Next: 5/14/2009: Aha Mobile venture capital transaction

 

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