Tech Company Financing Transactions

Verax Biomedical Funding Round

BioVentures Investors, CNF Investments and KB Partners participated in a $15 million Series B venture round for Verax Biomedical. This VC investment round closed on 10/14/2005.

Transaction Overview

Company Name
Verax Biomedical
Announced On
10/14/2005
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series B
Investors

BioVentures Investors (Marc Goldberg)

CNF Investments

KB Partners (Robert Zieserl)

Long River Ventures

SightLine Partners

Teknoinvest

Proceeds Purpose
Verax will use the funds to complete development and begin commercialization of its first product, the Platelet PGD test, a rapid, easy-to-use, test for the sensitive and specific detection of bacterial contamination of platelets immediately prior to transfusion.

Company Information

Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
148 Bartlett St.
Marlborough, MA 01752
USA
Phone
(866) 948-3729
Website
www.veraxbiomedical.com
Email Address
[email protected]
Overview
Verax Biomedical is a leader in the development of rapid tests designed to detect a broad range of bacterial contaminants based upon its proprietary Pan Genera Detection (PGD) technology.
Profile
Verax Biomedical LinkedIn Company Profile
Social Media
Verax Biomedical Company Twitter Account
Company News
Verax Biomedical News
Facebook
Verax Biomedical on Facebook
YouTube
Verax Biomedical on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
James Lousararian
  James Lousararian LinkedIn Profile  James Lousararian Twitter Account  James Lousararian News  James Lousararian on Facebook
VP - Bus. Development
Joe Sanders
  Joe Sanders LinkedIn Profile  Joe Sanders Twitter Account  Joe Sanders News  Joe Sanders on Facebook
VP - Finance
Paul Ragusa
  Paul Ragusa LinkedIn Profile  Paul Ragusa Twitter Account  Paul Ragusa News  Paul Ragusa on Facebook
VP - Operations
Scott McKenzie
  Scott McKenzie LinkedIn Profile  Scott McKenzie Twitter Account  Scott McKenzie News  Scott McKenzie on Facebook
VP - R & D
Yli Vallejo
  Yli Vallejo LinkedIn Profile  Yli Vallejo Twitter Account  Yli Vallejo News  Yli Vallejo on Facebook
VP - Regulatory Affairs
Nancy Hornbaker
  Nancy Hornbaker LinkedIn Profile  Nancy Hornbaker Twitter Account  Nancy Hornbaker News  Nancy Hornbaker on Facebook

 

 

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Prev: 10/14/2005: PayScale venture capital transaction
Next: 10/17/2005: Market Insight venture capital transaction

 

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