Tech Company Financing Transactions

Valeritas Holdings Funding Round

Welsh Carson Anderson & Stowe, Abingworth and Advanced Technology Ventures participated in a $150 million Series C funding round for Valeritas Holdings. The round closed on 9/12/2011.

Transaction Overview

Company Name
Announced On
9/12/2011
Transaction Type
Venture Equity
Amount
$150,000,000
Round
Series C
Proceeds Purpose
This financing will support the commercialization of the V-Go(TM) Disposable Insulin Delivery Device, which provides basal-bolus insulin therapy for adult patients with diabetes who require insulin. Welsh, Carson, Anderson & Stowe led the financing and assumes a controlling interest in Valeritas.

Company Information

Company Status
Publicly-held
Industry
Medical Devices & Instruments
Mailing Address
750 Route 202 South 600
Bridgewater, NJ 08807
USA
Email Address
Overview
Valeritas (NASDAQ: VLRX) is a medical technologies company serving the fast-growing diabetes market. We designed our first commercialized product, the V-Go Wearable Insulin Delivery Device, or V-Go, to help patients with Type 2 diabetes who require insulin to achieve and maintain their target blood glucose goals.
Profile
Valeritas Holdings LinkedIn Company Profile
Social Media
Valeritas Holdings Company Twitter Account
Company News
Valeritas Holdings News
Facebook
Valeritas Holdings on Facebook
YouTube
Valeritas Holdings on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
John Timberlake
  John Timberlake LinkedIn Profile  John Timberlake Twitter Account  John Timberlake News  John Timberlake on Facebook
VP - Marketing
Mark Lewis
  Mark Lewis LinkedIn Profile  Mark Lewis Twitter Account  Mark Lewis News  Mark Lewis on Facebook
VP - Operations
Geoffrey Jenkins
  Geoffrey Jenkins LinkedIn Profile  Geoffrey Jenkins Twitter Account  Geoffrey Jenkins News  Geoffrey Jenkins on Facebook
VP - R & D
Chris Gregory
  Chris Gregory LinkedIn Profile  Chris Gregory Twitter Account  Chris Gregory News  Chris Gregory on Facebook
VP - Sales
Hokan Ojert
  Hokan Ojert LinkedIn Profile  Hokan Ojert Twitter Account  Hokan Ojert News  Hokan Ojert on Facebook


 

 

Browse more venture capital transactions:

Prev: 9/12/2011: Automated Insights venture capital transaction
Next: 9/12/2011: MongoDB venture capital transaction

 

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