Tech Company Financing Transactions

Putney Funding Round

NewSpring Capital, Safeguard Scientifics and private investors joined a $21 million Series C venture round for Putney. The financing round was announced on 10/3/2011.

Transaction Overview

Company Name
Announced On
10/3/2011
Transaction Type
Venture Equity
Amount
$21,000,000
Round
Series C
Investors

NewSpring Capital (Lead Investor) (Bruce Downey)

Safeguard Scientifics (Lead Investor) (James Datin)

Proceeds Purpose
Proceeds will be used for product development, establishing sales and marketing capabilities, and addressing additional operational and working capital needs.

Company Information

Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
1 Monument Sq. 400
Portland, ME 04101
USA
Email Address
Not Recorded
Overview
Putney is a pharmaceutical company specializing in the development of high quality drugs for pets. We focus on developing generics for frequently used drugs where cost is a barrier to prescribing, compliance or use.
Profile
Putney LinkedIn Company Profile
Social Media
Putney Company Twitter Account
Company News
Putney News
Facebook
Putney on Facebook
YouTube
Putney on YouTube

Management Team

Title
Name
Email & Social
VP - Bus. Development
Shannon Lancaster
  Shannon Lancaster LinkedIn Profile  Shannon Lancaster Twitter Account  Shannon Lancaster News  Shannon Lancaster on Facebook
VP - Human Resources
Kelley Shimansky
  Kelley Shimansky LinkedIn Profile  Kelley Shimansky Twitter Account  Kelley Shimansky News  Kelley Shimansky on Facebook
VP - Regulatory Affairs
Anthony Lucas
  Anthony Lucas LinkedIn Profile  Anthony Lucas Twitter Account  Anthony Lucas News  Anthony Lucas on Facebook


 

 

Browse more venture capital transactions:

Prev: 10/3/2011: Coupons.com venture capital transaction
Next: 10/3/2011: Axcient venture capital transaction

 

Share this article

 


Where The Data Comes From

We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary