Tech Company Financing Transactions
Ambit Biosciences Funding Round
On 11/14/2007, Ambit Biosciences received $49.3 million in Series D funding from Applied Ventures, Avalon Ventures and Forward Ventures.
Transaction Overview
Company Name
Announced On
11/14/2007
Transaction Type
Venture Equity
Amount
$49,300,000
Round
Series D
Investors
Proceeds Purpose
The Series D funds will be used to support continued advancement of Ambit's growing product pipeline, which includes several drug candidates in clinical and pre-clinical development.
Company Information
Company Status
Acquired or Merged
Industry
Biopharmaceutical
Mailing Address
11080 Roselle St.
San Diego, CA 92121
USA
San Diego, CA 92121
USA
Phone
Website
Email Address
Overview
Ambit Biosciences is a biopharmaceutical company engaged in the discovery and development of small-molecule kinase inhibitors for the treatment of cancer.
Management Team
Title
Name
Email & Social
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