NextBio Secures $8,000,000 Series C Financing Round

  • Feed Type
  • Date
    9/17/2009
  • Company Name
    NextBio
  • Mailing Address
    3 Results Way Cupertino, CA 95014
  • Company Description
    NextBio is the world’s first data search and collaboration engine for life scientists and clinicians. Founded by a team of visionary innovators, NextBio addresses a fundamental need within R&D to effectively leverage vast quantities of internal and public life sciences information by connecting millions of researchers and clinicians through its search and share engine. NextBio’s value in improving research efficiency and effectiveness has already been validated at the world’s leading research organizations.
  • Website
    http://www.nextbio.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $8,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    The capital will be used to fund the company’s continued growth in sales reach and channels, international expansion, and technology leadership.
  • M&A Terms
  • Venture Investor
    Newbury Ventures (Rising Tide)
  • Venture Investor
    Undisclosed