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Surface Logix Sees $20 Million Venture Capital

Wednesday, March 11, 2009 5:40:00 AM PDT | VentureDeal Staff

Brighton, Massachusetts  --  Biotechnology company Surface Logix has secured $20 million in a new round of venture debt and venture capital investment.

Surface Logix is developing small molecule drugs that it says will exhibit significantly improved pharmacokinetic and pharmacodynamic properties.

Investors in the round included Arch Venture Partners, HBM BioVentures, Healthcare Ventures, Intel Capital, Venrock, Unilever and MPM Capital. The company did not disclose how it would use the funding proceeds.

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