Tech Company Financing Transactions

Metabolon Funding Round

Camden Partners, Aurora Funds and Fletcher Spaght Ventures participated in a $15 million Series E funding round for Metabolon. The round was announced on 12/31/2013.

Transaction Overview

Company Name
Announced On
12/31/2013
Transaction Type
Venture Equity
Amount
$14,999,980
Round
Series E
Proceeds Purpose
Proceeds will support the recent launch by Metabolon's partner, Bostwick Laboratories, of Prostarix(TM), a urine-based test that provides important metabolic information on the likelihood that a patient with slightly elevated PSA scores has prostate cancer, thus confirming the need to proceed to biopsy. The funds will also be used for the continued development of Quantose(TM) IGT, Metabolon's surrogate test for oral glucose tolerance, as well as its test for the recurrence of bladder cancer.

Company Information

Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
617 Davis Dr. 100
Morrisville, NC 27560
USA
Email Address
Overview
Metabolon has quickly become a leader in the discovery of biomarkers using metabolomics. Located in Research Triangle Park, North Carolina, Metabolon is based in a biotechnology epicenter.
Profile
Metabolon LinkedIn Company Profile
Social Media
Metabolon Company Twitter Account
Company News
Metabolon News
Facebook
Metabolon on Facebook
YouTube
Metabolon on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Rohan Hastie
  Rohan Hastie LinkedIn Profile  Rohan Hastie Twitter Account  Rohan Hastie News  Rohan Hastie on Facebook
President
Michael Rasche
  Michael Rasche LinkedIn Profile  Michael Rasche Twitter Account  Michael Rasche News  Michael Rasche on Facebook
Vice President
David Foster
  David Foster LinkedIn Profile  David Foster Twitter Account  David Foster News  David Foster on Facebook
VP - Marketing
Bridget Johnson
  Bridget Johnson LinkedIn Profile  Bridget Johnson Twitter Account  Bridget Johnson News  Bridget Johnson on Facebook
VP - Sales
Charles Wayland
  Charles Wayland LinkedIn Profile  Charles Wayland Twitter Account  Charles Wayland News  Charles Wayland on Facebook


 

 

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Prev: 12/31/2013: Aventura venture capital transaction
Next: 12/31/2013: Solfo venture capital transaction

 

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We do our best to document all VC transactions involving tech companies. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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