Nimbus Discovery gets $24 million in Series A financing

06/29/2011 | Mass High Tech (Boston)

Microsoft founder Bill Gates participated in a Series A financing round led by Atlas Venture, SR One and Lilly Ventures that brought in $24 million for Nimbus Discovery. Nimbus is expected to use the proceeds to fund the development of its drug candidates -- IRAK4 and ACC -- for cancer, inflammation and metabolic disorders.

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