Tech Company Financing Transactions

Xytis Funding Round

Sanderling Ventures and Atlas Venture participated in a $24.5 million Series B funding round for Xytis. The round was announced on 1/9/2006.

Transaction Overview

Company Name
Announced On
1/9/2006
Transaction Type
Venture Equity
Amount
$24,500,000
Round
Series B
Investors

Sanderling Ventures (Lead Investor) (Roger Flugel)

Atlas Venture

Proceeds Purpose
Series B financing round, which will be used to develop proprietary small molecules and novel allosteric modulators in preclinical and clinical (Phase I and Phase II) stages for the treatment of Central Nervous System disorders addressing unmet medical needs within large markets.

Company Information

Company Status
Out of Business
Industry
Biopharmaceutical
Mailing Address
101 Theory 100
Irvine, CA 92617
USA
Email Address
Overview
Xytis Inc. is a biopharmaceutical company focusing on the discovery and development of innovative CNS drug candidates.
Profile
Xytis LinkedIn Company Profile
Social Media
Xytis Company Twitter Account
Company News
Xytis News
Facebook
Xytis on Facebook
YouTube
Xytis on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Vincent Simmon
  Vincent Simmon LinkedIn Profile  Vincent Simmon Twitter Account  Vincent Simmon News  Vincent Simmon on Facebook


 

 

Browse more venture capital transactions:

Prev: 1/9/2006: Tioga Pharmaceuticals venture capital transaction
Next: 1/9/2006: ZONARE Medical Systems venture capital transaction

 

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