Tech Company Financing Transactions

Otonomy Funding Round

Otonomy, operating out of San Diego, received $10 million from Avalon Ventures.

Transaction Overview

Company Name
Announced On
6/11/2010
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors

Avalon Ventures (Jay Lichter)

Proceeds Purpose
Proceeds from the financing will be used to support the ongoing clinical trial for OTO-104 in Meniere's disease, initiate IND-enabling studies for OTO-203, and continue early-stage development of a third program.

Company Information

Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
4796 Executive Dr.
San Diego, CA 92121
USA
Email Address
Overview
Otonomy (NASDAQ: OTIC) is a biopharmaceutical company developing novel drug therapies for disorders of the inner and middle ear.
Profile
Otonomy LinkedIn Company Profile
Social Media
Otonomy Company Twitter Account
Company News
Otonomy News
Facebook
Otonomy on Facebook
YouTube
Otonomy on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
David Weber
  David Weber LinkedIn Profile  David Weber Twitter Account  David Weber News  David Weber on Facebook
Chief Financial Officer
Paul Cayer
  Paul Cayer LinkedIn Profile  Paul Cayer Twitter Account  Paul Cayer News  Paul Cayer on Facebook
Chief Technical Officer
Robert Savel
  Robert Savel LinkedIn Profile  Robert Savel Twitter Account  Robert Savel News  Robert Savel on Facebook
VP - Finance
Julie Burgess
  Julie Burgess LinkedIn Profile  Julie Burgess Twitter Account  Julie Burgess News  Julie Burgess on Facebook
VP - Human Resources
Carla da Luz Boren
  Carla da Luz Boren LinkedIn Profile  Carla da Luz Boren Twitter Account  Carla da Luz Boren News  Carla da Luz Boren on Facebook


 

 

Browse more venture capital transactions:

Prev: 6/11/2010: Kaazing venture capital transaction
Next: 6/11/2010: Igenica 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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