Tech Company Financing Transactions

Metabolex Funding Round

Metabolex closed a $44 million Series C funding round on 11/30/2004. Investors included Alta Partners, Bay City Capital and Birchmere Ventures.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series C

Alta Partners (Lead Investor) (Edward Penhoet)

Bay City Capital

Birchmere Ventures

KBC Securities

VantagePoint Capital Partners (Stephan Dolezalek)

Venrock (Tony Evnin)

Versant Ventures (Bradley Bolzon)

Proceeds Purpose
Proceeds from the financing would be used in part to undertake a second Phase II clinical trial, to prepare for Phase III trials, including manufacturing and formulation work, and to initiate a Phase I clinical trial with a second Metabolex compound.

Company Information

Company Status
Private & Independent
Mailing Address
7999 Gateway Blvd. 130
Newark, CA 94560
Email Address
Metabolex, Inc. is a privately held pharmaceutical company dedicated to the discovery and development of drugs to treat diabetes and related metabolic disorders.
Metabolex LinkedIn Company Profile
Social Media
Metabolex Company Twitter Account
Company News
Metabolex News
Metabolex on Facebook
Metabolex on YouTube

Management Team

Email & Social
Chief Executive Officer
Harold Wart
  Harold Wart LinkedIn Profile  Harold Wart Twitter Account  Harold Wart News  Harold Wart on Facebook
Chief Financial Officer
Sujal Shah
  Sujal Shah LinkedIn Profile  Sujal Shah Twitter Account  Sujal Shah News  Sujal Shah on Facebook
Chief Medical Officer
Pol Boudes
  Pol Boudes LinkedIn Profile  Pol Boudes Twitter Account  Pol Boudes News  Pol Boudes on Facebook
VP - Bus. Development
Patrick O'Mara
  Patrick  O'Mara LinkedIn Profile  Patrick  O'Mara Twitter Account  Patrick  O'Mara News  Patrick  O'Mara on Facebook
VP - R & D
Charles McWherter
  Charles McWherter LinkedIn Profile  Charles McWherter Twitter Account  Charles McWherter News  Charles McWherter on Facebook



Browse more venture capital transactions:

Prev: 11/29/2004: Virtutech venture capital transaction
Next: 11/30/2004: EnteroMedics venture capital transaction


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