Finance > Venture Deals Database > Venture Transactions Database > Monthly Deals (All) > August 2010 VC Transactions
Otonomy

Tech Company Financing Transactions

Otonomy Funding Round

Novo Ventures, RiverVest Venture Partners and Avalon Ventures participated in a $38.5 million Series B funding round for Otonomy. The round closed on 8/30/2010.

Transaction Overview

Company Name

Otonomy

Announced On

8/30/2010

Transaction Type

Venture Equity

Amount

$38,500,000

Round

Series B

Investors

Novo Ventures (Lead Investor) (Peter Bisgaard)

RiverVest Venture Partners (Lead Investor) (John McKearn)

Avalon Ventures (Jay Lichter)

Domain Associates (Brian Dovey)

TPG Biotech (Heather Preston)

Proceeds Purpose

oceeds from the financing will support Otonomy's first two programs through pivotal clinical studies as well as expansion of the Company's pipeline of locally delivered drugs to treat disorders of the ear.

Company Information

Company Status

Publicly-held

Industry

Biopharmaceutical

Mailing Address

4796 Executive Dr.
San Diego, CA 92121
USA

Phone

(619) 323-2200

Website

www.otonomy.com

Email Address

[email protected]

Overview

Otonomy (NASDAQ: OTIC) is a biopharmaceutical company developing novel drug therapies for disorders of the inner and middle ear.

Profile

Social Media

Company News

Facebook

YouTube

Management Team

Title

Name

Email & Social

Chief Executive Officer

David Weber

Chief Financial Officer

Paul Cayer

Chief Technical Officer

Robert Savel

VP - Finance

Julie Burgess

VP - Human Resources

Carla da Luz Boren

Browse more venture capital transactions:

Prev: 8/30/2010: Oodle venture capital transaction
Next: 8/30/2010: Aptus Endosystems venture capital transaction

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About Database of VC Transactions

Our team works diligently to report on tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

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