Tech Company Financing Transactions

MacroGenics Funding Round

MacroGenics closed a $25 million Series D financing round on 9/25/2008. Investors included Alta Partners, Innovis Investments and InterWest Partners.

Transaction Overview

Company Name
MacroGenics
Announced On
9/25/2008
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series D
Investors

Alta Partners (Ed Hurwitz)

Innovis Investments

InterWest Partners (Arnold Oronsky)

OrbiMed

Red Abbey Venture Partners

RiverVest Venture Partners (Gordon Foulkes)

Ventures West (Kenneth Galbraith)

Proceeds Purpose
MacroGenics expects to use the proceeds from this financing to fund the cancer stem cell program it acquired through its acquisition of Raven Biotechnologies in July. In addition, the proceeds will be used to further advance the company's autoimmune, cancer and infectious disease product candidate portfolio, as well as for general working capital purposes.

Company Information

Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
9640 Medical Center Dr.
Rockville, MD 20850
USA
Phone
(301) 251-5172
Website
www.macrogenics.com
Email Address
[email protected]
Overview
MacroGenics is a private, venture-backed biotechnology company headquartered in Rockville, Maryland that focuses on the development, manufacture, and commercialization of immunotherapeutics for autoimmune disorders, cancer, and infectious diseases.
Profile
MacroGenics LinkedIn Company Profile
Social Media
MacroGenics Company Twitter Account
Company News
MacroGenics News
Facebook
MacroGenics on Facebook
YouTube
MacroGenics on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Scott Koenig
  Scott Koenig LinkedIn Profile  Scott Koenig Twitter Account  Scott Koenig News  Scott Koenig on Facebook
Chief Financial Officer
James Karrels
  James Karrels LinkedIn Profile  James Karrels Twitter Account  James Karrels News  James Karrels on Facebook
Controller
Lynn Cilinski
  Lynn Cilinski LinkedIn Profile  Lynn Cilinski Twitter Account  Lynn Cilinski News  Lynn Cilinski on Facebook
VP - Bus. Development
Eric Risser
  Eric Risser LinkedIn Profile  Eric Risser Twitter Account  Eric Risser News  Eric Risser on Facebook
VP - R & D
Ezio Bonvini
  Ezio Bonvini LinkedIn Profile  Ezio Bonvini Twitter Account  Ezio Bonvini News  Ezio Bonvini on Facebook

 

 

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Prev: 9/25/2008: Purewire venture capital transaction
Next: 9/25/2008: Verimatrix venture capital transaction

 

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