News

Deal Announcements

Xcellerex Clears $31 Million Series C Financing

Friday, October 12, 2007 5:00:00 AM PDT | VentureDeal Staff

MARLBOROUGH, MA -- Biotech company Xcellerex, Inc. announced that it has raised $31 million in third round financing from venture capital investors.

Xcellerex provides a range of bioprocess development and manufacturing services.  The company's services range from microbial manufacturing to cell banking and testing.

VantagePoint Venture Partners led the financing round, which also included previous investor Kleiner Perkins Caufield & Byers.  Proceeds will be used for further service development and capacity as well as sales and marketing expansion.

Email Page  Email Page | Print Page Print Page

Loading

Free Trial

Want unlimited access to the complete database with thousands of technology companies, VCs and transactions for only $25 per month?

Start your Free 14 Day Trial now – no obligation or credit card required.

Free 14 day trial. No Obligation. Click to Register.