Tech Company Financing Transactions

TARIS Biomedical Funding Round

TARIS Biomedical, based in Lexington, received $18.3 million from Third Rock Ventures, Flagship Pioneering and Flybridge Capital Partners.

Transaction Overview

Company Name
TARIS Biomedical
Announced On
4/13/2011
Transaction Type
Venture Equity
Amount
$18,300,000
Round
Series B
Investors

Third Rock Ventures (Lead Investor) (Cary Pfeffer)

Flagship Pioneering (Edward Kania)

Flybridge Capital Partners (Michael Greeley)

Polaris Partners (Kevin Bitterman)

Proceeds Purpose
This investment will allow us to advance our lead product candidate, Lidocaine Releasing Intravesical System (LiRIS®), into later stage clinical development for the treatment of multiple bladder disorders, and to continue to build the rest of our pipeline of novel therapeutics, leveraging common, minimally invasive urological procedures. The company's prior bridge financing was also converted into equity in connection with the round.

Company Information

Company Status
Acquired or Merged
Industry
Biopharmaceutical
Mailing Address
113 Hartwell Ave.
Lexington, MA 02421
USA
Phone
(781) 676-7750
Website
www.tarisbiomedical.com
Email Address
[email protected]
Overview
TARIS Biomedical Inc., a specialty pharmaceutical company with deep domain expertise in therapeutics and drug-delivery, is focused on local minimally-invasive drug-device convergence products.
Profile
TARIS Biomedical LinkedIn Company Profile
Social Media
TARIS Biomedical Company Twitter Account
Company News
TARIS Biomedical News
Facebook
TARIS Biomedical on Facebook
YouTube
TARIS Biomedical on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Tony Kingsley
  Tony Kingsley LinkedIn Profile  Tony Kingsley Twitter Account  Tony Kingsley News  Tony Kingsley on Facebook
Chief Financial Officer
Diane Marcou
  Diane Marcou LinkedIn Profile  Diane Marcou Twitter Account  Diane Marcou News  Diane Marcou on Facebook
Chief Medical Officer
Christopher Cutie
  Christopher Cutie LinkedIn Profile  Christopher Cutie Twitter Account  Christopher Cutie News  Christopher Cutie on Facebook
Chief Scientific Officer
Dennis Giesing
  Dennis Giesing LinkedIn Profile  Dennis Giesing Twitter Account  Dennis Giesing News  Dennis Giesing on Facebook
Chief Technical Officer
Cheryl Larrivee-Elkins
  Cheryl Larrivee-Elkins LinkedIn Profile  Cheryl Larrivee-Elkins Twitter Account  Cheryl Larrivee-Elkins News  Cheryl Larrivee-Elkins on Facebook

 

 

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Prev: 4/13/2011: Verimatrix venture capital transaction
Next: 4/13/2011: CSID venture capital transaction

 

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We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 

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