Tech Company Financing Transactions
Marina Biotech Funding Round
Marina Biotech, operating out of City of Industry, secured $38 million from Arch Venture Partners, EcoR1 Capital Management and Foresite Capital.
Transaction Overview
Company Name
Announced On
3/13/2014
Transaction Type
Venture Equity
Amount
$38,000,000
Round
Series C
Investors
Proceeds Purpose
SAGE plans to use the proceeds of the financing to advance the company's clinical and preclinical programs in orphan and acute CNS disorders, including status epilepticus.
Company Information
Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
17870 Castleton St. 250
City of Industry, CA 91748
USA
City of Industry, CA 91748
USA
Phone
Website
Email Address
Overview
Marina Biotech (NASDAQ: MRNA), is a biotechnology company focused on the development and commercialization of therapeutic products based on RNA interference (RNAi).
Management Team
Title
Name
Email & Social
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We report on funding rounds that are announced publicly. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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