Cellular Dynamics International Secures $11,950,000 New Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8380ebde-98b0-4ae4-9200-f3ce7d7f55cf
Date
7/8/2013
Company Name
Cellular Dynamics International
Mailing Address
525 Science Drive Madison, WI 53711
Company Description
Cellular Dynamics (NASDAQ: ICEL) was founded by three world-class scientists in cardiac ion channel models, hES cells, and iPS cells to provide cardiac toxicity drug testing services, including GLP and non-GLP hERG electrophysiological assays as well as action potential and cytotoxicity screens using hES-cell derived cardiomycytes.
Website
http://www.cellulardynamics.com
Transaction Type
Venture Equity
Transaction Amount
$11,950,000
Transaction Round
Undisclosed
Proceeds Purposes
Proceeds purposes were not disclosed. SEC regulatory filing.
M&A Terms
Venture Investor
Undisclosed