Tech Company Financing Transactions
CytomX Therapeutics Funding Round
On 6/17/2015, CytomX Therapeutics raised $70 million in Series D funding from Fidelity Management & Research Company, Casdin Capital and Cormorant Asset Management.
Transaction Overview
Company Name
Announced On
6/17/2015
Transaction Type
Venture Equity
Amount
$70,000,000
Round
Series D
Investors
Proceeds Purpose
Proceeds from the financing will support the continued advancement of CytomX's pipeline of Probody therapeutics toward clinical studies, including a Precision cancer immunotherapy directed against PD-L1 and Probody drug conjugates against novel, first in class targets. The financing will also support the expansion of Probody research and development activities in the areas of T-cell agonists, bispecific antibodies and engineered T-cell therapies.
Company Information
Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
151 Oyster Point Blvd. 400
San Francisco, CA 94080
USA
San Francisco, CA 94080
USA
Phone
Website
Email Address
Overview
CytomX (NASDAQ: CTMX) is unlocking the potential of antibody therapeutics in oncology by developing a novel therapeutic antibody class of highly targeted Probody therapeutics.
Management Team
Title
Name
Email & Social
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