Tech Company Financing Transactions

Sermo Funding Round

Legg Mason, Allen & Company and Longworth Venture Partners participated in a $26.7 million Series C funding round for Sermo. The round was announced on 9/12/2007.

Transaction Overview

Company Name
Sermo
Announced On
9/12/2007
Transaction Type
Venture Equity
Amount
$26,700,000
Round
Series C
Investors

Legg Mason (Lead Investor) (Michael Mauboussin)

Allen & Company

Longworth Venture Partners (Paul Margolis)

SBNY (Steven Murray)

Proceeds Purpose
With this latest investment, Sermo will accelerate its development efforts to better handle the influx of new content into the community and continue to improve the site experience for physicians. It will also focus on creating new opportunities to give physicians a greater voice in shaping the future of healthcare. The company recently entered into agreements with both the American Medical Association and the Food and Drug Administration.

Company Information

Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
215 First Street
Cambridge, MA 02142
USA
Phone
(617) 497-1110
Website
www.sermo.com
Email Address
[email protected]
Overview
The company operates as an online aggregator of medical information.
Profile
Sermo LinkedIn Company Profile
Social Media
Sermo Company Twitter Account
Company News
Sermo News
Facebook
Sermo on Facebook
YouTube
Sermo on YouTube

Management Team

Title
Name
Email & Social
Chief Financial Officer
Adam Feinzig
  Adam Feinzig LinkedIn Profile  Adam Feinzig Twitter Account  Adam Feinzig News  Adam Feinzig on Facebook
VP - Engineering
Onur Mergen
  Onur Mergen LinkedIn Profile  Onur Mergen Twitter Account  Onur Mergen News  Onur Mergen on Facebook
VP - Marketing
Jon Michaeli
  Jon Michaeli LinkedIn Profile  Jon Michaeli Twitter Account  Jon Michaeli News  Jon Michaeli on Facebook
VP - Sales
Rich Westelman
  Rich Westelman LinkedIn Profile  Rich Westelman Twitter Account  Rich Westelman News  Rich Westelman on Facebook

 

 

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Prev: 9/12/2007: Wilson TurboPower venture capital transaction
Next: 9/12/2007: OpGen venture capital transaction

 

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We report on all VC transactions involving tech companies. VC investment data records reported here are derived from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 

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