Tech Company Financing Transactions

Cerulean Pharma Funding Round

Cerulean Pharma, operating out of Cambridge, scored $10 million from Bessemer Venture Partners, Lux Capital and Polaris Partners.

Transaction Overview

Company Name
Cerulean Pharma
Announced On
7/28/2009
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series B
Investors

Bessemer Venture Partners (Stephen Kraus)

Lux Capital (Robert Paull)

Polaris Partners (Alan Crane)

Venrock (Bryan Roberts)

Proceeds Purpose
Cerulean intends to use the proceeds from the financing to advance the clinical development of IT-101, a cyclodextrin-based camptothecin nanoparticle recently in-licensed from Calando Pharmaceuticals, Inc., and to accelerate the preclinical development of nanoparticle-based drugs using both Cerulean's pre-existing nanoparticle-based technology as well as the in-licensed cyclodextrin-based nanoparticle technology.

Company Information

Company Status
Acquired or Merged
Industry
Biopharmaceutical
Mailing Address
840 Memorial Dr.
Cambridge, MA 02139
USA
Phone
(617) 551-9600
Website
www.ceruleanrx.com
Email Address
[email protected]
Overview
Cerulean Pharma develops nanotechnology-based therapeutics for treating oncology, cardiovascular, autoimmune and inflammatory diseases.
Profile
Cerulean Pharma LinkedIn Company Profile
Social Media
Cerulean Pharma Company Twitter Account
Company News
Cerulean Pharma News
Facebook
Cerulean Pharma on Facebook
YouTube
Cerulean Pharma on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Paul Friedman
  Paul Friedman LinkedIn Profile  Paul Friedman Twitter Account  Paul Friedman News  Paul Friedman on Facebook
VP - Bus. Development
Christopher Guiffre
  Christopher Guiffre LinkedIn Profile  Christopher Guiffre Twitter Account  Christopher Guiffre News  Christopher Guiffre on Facebook
VP - Finance
Karen Roberts
  Karen Roberts LinkedIn Profile  Karen Roberts Twitter Account  Karen Roberts News  Karen Roberts on Facebook
VP - Manufacturing
Marc Wolfgang
  Marc Wolfgang LinkedIn Profile  Marc Wolfgang Twitter Account  Marc Wolfgang News  Marc Wolfgang on Facebook
VP - R & D
Scott Eliasof
  Scott Eliasof LinkedIn Profile  Scott Eliasof Twitter Account  Scott Eliasof News  Scott Eliasof on Facebook

 

 

Browse more venture capital transactions:

Prev: 7/28/2009: Astoria Software venture capital transaction
Next: 7/28/2009: Auction Direct venture capital transaction

 

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