Tech Company Financing Transactions

T2 Biosystems Funding Round

T2 Biosystems, operating out of Lexington, scored $23 million from Aisling Capital, Arcus Ventures and Flagship Pioneering.

Transaction Overview

Company Name
T2 Biosystems
Announced On
8/10/2011
Transaction Type
Venture Equity
Amount
$23,000,000
Round
Series D
Investors

Aisling Capital (Lead Investor) (Josh Bilenker)

Arcus Ventures

Flagship Pioneering (Harry Wilcox)

Flybridge Capital Partners (Michael Greeley)

Physic Ventures (Stacy Feld)

Polaris Partners (Alan Crane)

WS Investment

Proceeds Purpose
The proceeds from this round will support ongoing development and clinical trials as the Company moves towards regulatory approval and commercialization of their T2MR diagnostic technology, as well as enable expansion of the Company's partnering program.

Company Information

Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
101 Hartwell Ave.
Lexington, MA 02421
USA
Phone
(781) 457-1200
Website
www.t2biosystems.com
Email Address
[email protected]
Overview
T2 Biosystems (NASDAQ: TTOO) is a diagnostics company ushering in a new wave of innovative products to improve medical decision-making and treatment. Our proprietary biosensor technology was invented by a team of world-renowned scientists at MIT and Massachusetts General Hospital.
Profile
T2 Biosystems LinkedIn Company Profile
Social Media
T2 Biosystems Company Twitter Account
Company News
T2 Biosystems News
Facebook
T2 Biosystems on Facebook
YouTube
T2 Biosystems on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
John McDonough
  John McDonough LinkedIn Profile  John McDonough Twitter Account  John McDonough News  John McDonough on Facebook
Chief Financial Officer
John Sprague
  John Sprague LinkedIn Profile  John Sprague Twitter Account  John Sprague News  John Sprague on Facebook
Chief Scientific Officer
Thomas Lowery
  Thomas Lowery LinkedIn Profile  Thomas Lowery Twitter Account  Thomas Lowery News  Thomas Lowery on Facebook
VP - General Counsel
Michael Gibbs
  Michael Gibbs LinkedIn Profile  Michael Gibbs Twitter Account  Michael Gibbs News  Michael Gibbs on Facebook
VP - Human Resources
Kelley Morgan
  Kelley Morgan LinkedIn Profile  Kelley Morgan Twitter Account  Kelley Morgan News  Kelley Morgan on Facebook
VP - Operations
Alec Barclay
  Alec Barclay LinkedIn Profile  Alec Barclay Twitter Account  Alec Barclay News  Alec Barclay on Facebook
VP - Regulatory Affairs
Sandy Estrada
  Sandy Estrada LinkedIn Profile  Sandy Estrada Twitter Account  Sandy Estrada News  Sandy Estrada on Facebook

 

 

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