Tech Company Financing Transactions
Arete Therapeutics Funding Round
Arete Therapeutics, based in South San Francisco, secured $16.7 million from Alta Partners, Altitude Capital Partners and Burrill & Company.
Transaction Overview
Company Name
Announced On
11/19/2008
Transaction Type
Venture Equity
Amount
$16,700,000
Round
Series A
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Out of Business
Industry
Biopharmaceutical
Mailing Address
7000 Shoreline Ct. 201
South San Francisco, CA 94080
USA
South San Francisco, CA 94080
USA
Phone
Website
Email Address
Overview
Arete Therapeutics Inc. is discovering and developing first in class small molecule drugs directed at novel targets for cardiovascular diseases and inflammation. The Company's proprietary therapies are directed at a new branch of arachidonic acid metabolism, which is a proven (US $10+B) pathway for therapeutic intervention in a variety of inflammatory diseases.
Management Team
Title
Name
Email & Social
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We do our best to report on tech company VC transactions. VC investment data records on this site come from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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