Tech Company Financing Transactions
Bridge Laboratories Funding Round
GGV Capital and WI Harper invested in a $35 million Series B funding round for Bridge Laboratories. The round was announced on 2/13/2007.
Transaction Overview
Company Name
Announced On
2/13/2007
Transaction Type
Venture Equity
Amount
$35,000,000
Round
Series B
Investors
GGV Capital (Helen Wong)
Proceeds Purpose
The capital raised will be used to accelerate growth of Bridge's preclinical operations in China, as well as to support M&A activities, including its recent acquisition of the Preclinical Division of Gene Logic Inc. of Gaithersburg, Maryland in December, 2006. In addition, Bridge plans to initiate construction of a second vivarium in Beijing shortly.
Company Information
Company Status
Out of Business
Industry
Biopharmaceutical
Mailing Address
6 Venture 250
Irvine, CA 92618
USA
Irvine, CA 92618
USA
Phone
Website
Email Address
Overview
Bridge is a US-headquartered preclinical contract-research organization (CRO) focusing on providing US-regulatory compliant drug development services in the US and Asia. Currently Bridge operates the largest vivarium and US-level compliant pharmaceutical drug testing lab in China.
Management Team
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Our team works diligently to report on tech company VC transactions. VC investment data records reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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