Tech Company Financing Transactions
Versartis Funding Round
On 6/2/2009, Versartis raised $11 million in Series A funding from Index Ventures.
Transaction Overview
Company Name
Announced On
6/2/2009
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Series A
Investors
Index Ventures (Roman Fleck)
Proceeds Purpose
The funds raised will be used to progress its novel compounds into human clinical trials.
Company Information
Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
275 Shoreline Dr. 450
Mountain View, CA 94065
USA
Mountain View, CA 94065
USA
Phone
Website
Email Address
Overview
Versartis (NASDAQ: VSAR) is developing new therapeutic proteins utilizing the novel half-life extension technology, XTEN. Versartis has licensed the rights to three products (VRS-826, VRS-859, and VRS-317) from Amunix.
Management Team
Title
Name
Email & Social
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