Tech Company Financing Transactions

Ambit Biosciences Funding Round

Ambit Biosciences closed a $50 million funding round on 11/6/2012. Investors included OrbiMed, Aisling Capital and Forward Ventures.

Transaction Overview

Company Name
Announced On
11/6/2012
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Undisclosed
Investors

OrbiMed (Lead Investor) (David Bonita)

Aisling Capital (Steven Elms)

Forward Ventures (Standish Fleming)

GIMV

Growthworks Capital (Joseph Regan)

MedImmune Ventures

Radius Ventures

Roche Venture Fund

Proceeds Purpose
This financing, with OrbiMed Advisors leading a round in which all existing investors participated, is a strong vote of confidence in our direction and provides the resources to accelerate our progress in 2013.

Company Information

Company Status
Acquired or Merged
Industry
Biopharmaceutical
Mailing Address
11080 Roselle St.
San Diego, CA 92121
USA
Email Address
Overview
Ambit Biosciences is a biopharmaceutical company engaged in the discovery and development of small-molecule kinase inhibitors for the treatment of cancer.
Profile
Ambit Biosciences LinkedIn Company Profile
Social Media
Ambit Biosciences Company Twitter Account
Company News
Ambit Biosciences News
Facebook
Ambit Biosciences on Facebook
YouTube
Ambit Biosciences on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Michael Martino
  Michael Martino LinkedIn Profile  Michael Martino Twitter Account  Michael Martino News  Michael Martino on Facebook
Chief Financial Officer
Alan Fuhrman
  Alan Fuhrman LinkedIn Profile  Alan Fuhrman Twitter Account  Alan Fuhrman News  Alan Fuhrman on Facebook
Chief Medical Officer
Athena Countouriotis
  Athena Countouriotis LinkedIn Profile  Athena Countouriotis Twitter Account  Athena Countouriotis News  Athena Countouriotis on Facebook


 

 

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About Our VC Transactions Data

Our team works diligently to document all VC transactions involving tech companies. VC transactions reported here are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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