Tech Company Financing Transactions

Sesen Bio Funding Round

Flagship Pioneering, Rally Ventures and Third Rock Ventures participated in a $20 million Series A funding round for Sesen Bio. The round was announced on 5/8/2012.

Transaction Overview

Company Name
Announced On
5/8/2012
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series A
Investors

Flagship Pioneering (Noubar Afeyan)

Rally Ventures (Kenji Harada)

Third Rock Ventures (Cary Pfeffer)

Proceeds Purpose
Proceeds from the financing will be used to advance Eleven's first program, EBI-005, into clinical development while continuing to advance earlier stage programs generated by its proprietary AMP-Rx product engine.

Company Information

Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
245 First St. 1800
Cambridge, MA 02142
USA
Email Address
Overview
Sesen Bio (formerly Eleven Biotherapeutics) is focused on developing innovative protein-based therapeutics to improve human health and treat diseases.
Profile
Sesen Bio LinkedIn Company Profile
Social Media
Sesen Bio Company Twitter Account
Company News
Sesen Bio News
Facebook
Sesen Bio on Facebook
YouTube
Sesen Bio on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Stephen Hurly
  Stephen Hurly LinkedIn Profile  Stephen Hurly Twitter Account  Stephen Hurly News  Stephen Hurly on Facebook
Chief Financial Officer
Richard Fitzgerald
  Richard Fitzgerald LinkedIn Profile  Richard Fitzgerald Twitter Account  Richard Fitzgerald News  Richard Fitzgerald on Facebook
Chief Scientific Officer
Gregory Adams
  Gregory Adams LinkedIn Profile  Gregory Adams Twitter Account  Gregory Adams News  Gregory Adams on Facebook
Chief Technical Officer
Glen MacDonald
  Glen MacDonald LinkedIn Profile  Glen MacDonald Twitter Account  Glen MacDonald News  Glen MacDonald on Facebook
Vice President
David Brooks
  David Brooks LinkedIn Profile  David Brooks Twitter Account  David Brooks News  David Brooks on Facebook


 

 

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Prev: 5/8/2012: Elemental Technologies venture capital transaction
Next: 5/8/2012: H2scan venture capital transaction

 

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