Tech Company Financing Transactions
Metabolon Funding Round
Camden Partners, Aurora Funds and Fletcher Spaght Ventures participated in a $15 million Series E funding round for Metabolon. The round was announced on 12/31/2013.
Transaction Overview
Company Name
Announced On
12/31/2013
Transaction Type
Venture Equity
Amount
$14,999,980
Round
Series E
Investors
Camden Partners (Lead Investor) (Christopher Kersey)
Proceeds Purpose
Proceeds will support the recent launch by Metabolon's partner, Bostwick Laboratories, of Prostarix(TM), a urine-based test that provides important metabolic information on the likelihood that a patient with slightly elevated PSA scores has prostate cancer, thus confirming the need to proceed to biopsy. The funds will also be used for the continued development of Quantose(TM) IGT, Metabolon's surrogate test for oral glucose tolerance, as well as its test for the recurrence of bladder cancer.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
617 Davis Dr. 100
Morrisville, NC 27560
USA
Morrisville, NC 27560
USA
Phone
Website
Email Address
Overview
Metabolon has quickly become a leader in the discovery of biomarkers using metabolomics. Located in Research Triangle Park, North Carolina, Metabolon is based in a biotechnology epicenter.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Rohan Hastie
President
Michael Rasche
Vice President
David Foster
VP - Marketing
Bridget Johnson
VP - Sales
Charles Wayland
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We do our best to document all VC transactions involving tech companies. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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