Acton Pharmaceuticals Lands $15,000,000 Series A Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=afb2a6d2-6bce-4c8e-884e-16b1531316c4&Preview=1
Date
1/6/2010
Company Name
Acton Pharmaceuticals
Mailing Address
225 Cedar Hill Street Marlborough, MA 01752
Company Description
Acton is primarily focused on development and commercialization of innovative pharmaceutical products that treat allergic, pulmonary, and other respiratory related diseases.
Website
http://www.actonpharmaceuticals.com
Transaction Type
Venture Equity
Transaction Amount
$15,000,000
Transaction Round
Series A
Proceeds Purposes
We believe that AEROSPAN is an exciting opportunity, as it provides Acton with an excellent platform on which to build our organization.
M&A Terms
Venture Investor
Sequoia Capital
Venture Investor
Undisclosed