NuMedii Obtains $3,500,000 Series A Financing

  • Feed Type
  • Date
    6/27/2013
  • Company Name
    NuMedii
  • Mailing Address
    PO Box 7381 Menlo Park, CA 94026
  • Company Description
    NuMedii is initially using its Big Data technology to discover and de-risk new indications for safe, existing drugs. It plans to apply the same approach to discover and de-risk new molecular entities (NMEs) based on therapeutically relevant biological networks.
  • Website
    http://www.numedii.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $3,500,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Claremont Creek Ventures
  • Venture Investor
    Claremont Creek Ventures
  • Venture Investor
    Lightspeed Venture Partners
  • Venture Investor
    Life Science Angels