Tech Company Financing Transactions
Sermo Funding Round
On 1/23/2007, Sermo raised $9.5 million in Series B funding from SBNY and Longworth Venture Partners.
Transaction Overview
Company Name
Announced On
1/23/2007
Transaction Type
Venture Equity
Amount
$9,500,000
Round
Series B
Investors
SBNY (Lead Investor) (Steven Murray)
Proceeds Purpose
The new proceeds will be used to further develop the Sermo community, which has grown dramatically since first launching in late September 2006. The additional funding will also play a critical role in the development of new client interfaces designed to capture early insights and trends as they happen on Sermo.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
215 First Street
Cambridge, MA 02142
USA
Cambridge, MA 02142
USA
Phone
Website
Email Address
Overview
The company operates as an online aggregator of medical information.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Financial Officer
Adam Feinzig
VP - Engineering
Onur Mergen
VP - Marketing
Jon Michaeli
VP - Sales
Rich Westelman
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We report on all VC transactions involving tech companies. VC investment data records reported here are derived from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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