Venture capital Ontogeny raises $25m from investors

From: The Boston Globe | Date: March 26, 1997| Author: Ronald Rosenberg, Globe Staff | Copyright information

Ontogeny Inc., a 2 1/2-year-old developmental biology company, has raised $25 million in a single private placement.

The second round investment is reportedly the largest venture capital investment in a New England biotechnology firm this year. Investors include such Boston area firms as Greylock Management, Oneliberty Ventures, Charles River Ventures, Medical Science Partners and Highland Capital, along with J.H. Whitney & Co. of New York and Sutter Hill Ventures of Palo Alto, Cal...

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