Tech Company Financing Transactions
Metabolex Funding Round
Metabolex, based in Newark, raised $32 million in investment from MPM Capital, AllianceBernstein and Alta Partners.
Transaction Overview
Company Name
Announced On
4/19/2007
Transaction Type
Venture Equity
Amount
$32,000,000
Round
Series D
Investors
Proceeds Purpose
The company plans to use the additional funds to accelerate theclinical testing of MBX-8025 and the development of several promisingpreclinical programs.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
7999 Gateway Blvd. 130
Newark, CA 94560
USA
Newark, CA 94560
USA
Phone
Website
Email Address
Overview
Metabolex, Inc. is a privately held pharmaceutical company dedicated to the discovery and development of drugs to treat diabetes and related metabolic disorders.
Management Team
Title
Name
Email & Social
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