Tech Company Financing Transactions

Elcelyx Therapeutics Funding Round

Elcelyx Therapeutics closed a $4 million Series B venture capital round on 8/13/2012. Investors included Kleiner Perkins Caufield & Byers, Morgenthaler Ventures and Technology Partners.

Transaction Overview

Announced On
8/13/2012
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Series B
Investors

Kleiner Perkins Caufield & Byers (Isaac Ciechanover)

Morgenthaler Ventures (Ralph Christofferson)

Technology Partners (James Glasheen)

Proceeds Purpose
The new financing will support clinical trials for proprietary product candidates Lovidia(TM) for use in nutritional supplement, food and beverage applications, and NewMet(TM) for patients with Type 2 diabetes.

Company Information

Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
11995 El Camino Real 305
San Diego, CA 92130
USA
Email Address
Overview
40% of treated type 2 diabetes patients are not able to take metformin, the first-line and foundational therapy.
Profile
Elcelyx Therapeutics LinkedIn Company Profile
Social Media
Elcelyx Therapeutics Company Twitter Account
Company News
Elcelyx Therapeutics News
Facebook
Elcelyx Therapeutics on Facebook
YouTube
Elcelyx Therapeutics on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Alain Baron
  Alain Baron LinkedIn Profile  Alain Baron Twitter Account  Alain Baron News  Alain Baron on Facebook
Chief Financial Officer
Jay Sherwood
  Jay Sherwood LinkedIn Profile  Jay Sherwood Twitter Account  Jay Sherwood News  Jay Sherwood on Facebook
Chief Scientific Officer
Mark Fineman
  Mark Fineman LinkedIn Profile  Mark Fineman Twitter Account  Mark Fineman News  Mark Fineman on Facebook
VP - Regulatory Affairs
Thomas Bicsak
  Thomas Bicsak LinkedIn Profile  Thomas Bicsak Twitter Account  Thomas Bicsak News  Thomas Bicsak on Facebook


 

 

Browse more venture capital transactions:

Prev: 8/13/2012: Onconova Therapeutics venture capital transaction
Next: 8/13/2012: Relypsa venture capital transaction

 

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We do our best to record every notable VC transaction. All VC database entries reported here are sourced from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.

 


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