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ForteBio Fuels With Third Venture Capital Funding

Thursday, September 25, 2008 5:44:00 AM PDT | VentureDeal Staff

Menlo Park, California --  Life science company ForteBio announced that it has raised $25 million in its series C round of institutional venture capital financing.

ForteBio is developing analytical systems to "provide rapid, real-time results for protein quantification and characterization of protein interaction."

OrbiMed led the round, which included MPM Capital, Alloy Ventures, The Vertical Group and Versant Ventures. The company did not disclose how it would use the funding.

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