Tech Company Financing Transactions

Verastem Funding Round

Advanced Technology Ventures, Astellas Venture Capital and Bessemer Venture Partners participated in a $32 million Series B capital raise for Verastem. The round was recorded on 7/14/2011.

Transaction Overview

Company Name
Verastem
Announced On
7/14/2011
Transaction Type
Venture Equity
Amount
$32,000,000
Round
Series B
Investors

Advanced Technology Ventures (Lead Investor)

Astellas Venture Capital (Lead Investor)

Bessemer Venture Partners (Stephen Kraus)

Cardinal Partners (John Clarke)

Longwood Founders Fund (Christoph Westphal)

MPM Capital (Ansbert Gadicke)

Proceeds Purpose
Proceeds from the financing will support ongoing research and development and will progress drug candidates into clinical development.

Company Information

Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
117 Kendrick St. 500
Needham, MA 02494
USA
Phone
(781) 292-4200
Website
www.Verastem.com
Email Address
[email protected]
Overview
Verastem, Inc. (NASDAQ: VSTM) is a biopharmaceutical company focused on discovering and developing novel drugs that selectively target cancer stem cells.
Profile
Verastem LinkedIn Company Profile
Social Media
Verastem Company Twitter Account
Company News
Verastem News
Facebook
Verastem on Facebook
YouTube
Verastem on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Robert Forrester
  Robert Forrester LinkedIn Profile  Robert Forrester Twitter Account  Robert Forrester News  Robert Forrester on Facebook
Chief Financial Officer
Robert Gagnon
  Robert Gagnon LinkedIn Profile  Robert Gagnon Twitter Account  Robert Gagnon News  Robert Gagnon on Facebook
Chief Operating Officer
Daniel Paterson
  Daniel Paterson LinkedIn Profile  Daniel Paterson Twitter Account  Daniel Paterson News  Daniel Paterson on Facebook
Chief Scientific Officer
Jonathan Pachter
  Jonathan Pachter LinkedIn Profile  Jonathan Pachter Twitter Account  Jonathan Pachter News  Jonathan Pachter on Facebook
VP - Bus. Development
Steven Bloom
  Steven Bloom LinkedIn Profile  Steven Bloom Twitter Account  Steven Bloom News  Steven Bloom on Facebook
VP - Bus. Development
Joseph Lobacki
  Joseph Lobacki LinkedIn Profile  Joseph Lobacki Twitter Account  Joseph Lobacki News  Joseph Lobacki on Facebook
VP - Bus. Development
Nadeem Mirza
  Nadeem Mirza LinkedIn Profile  Nadeem Mirza Twitter Account  Nadeem Mirza News  Nadeem Mirza on Facebook
VP - General Counsel
Sean Flynn
  Sean Flynn LinkedIn Profile  Sean Flynn Twitter Account  Sean Flynn News  Sean Flynn on Facebook
VP - Human Resources
Cathy Carew
  Cathy Carew LinkedIn Profile  Cathy Carew Twitter Account  Cathy Carew News  Cathy Carew on Facebook

 

 

Browse more venture capital transactions:

Prev: 7/14/2011: Halt Medical venture capital transaction
Next: 7/14/2011: Nimble Storage venture capital transaction

 

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Our team works diligently to record every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.

 

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