Follow the Money.
Follow the Money
A ROUNDUP OF RECENT LOCAL FUNDINGS
Recipient Web Amount
Address Address (In millions)
City/Zip
Celetron International Ltd. celetron.com $48
2125-B Madera Road
Simi Valley 93065
Careside Inc. careside.com 10.1
6100 Bristol Parkway
Culver City 90230
Recipient Type of Funding Closing
Address Round Date
City/Zip
Celetron International Ltd. private equity May 17
2125-B Madera Road NA
Simi Valley 93065
Careside Inc. private placement [1] June 5
6100 Bristol Parkway NA
Culver City 90230
Recipient Anticipated Use
Address
City/Zip
Celetron International Ltd. development of optical
2125-B Madera Road manufacturing division, working capital
Simi Valley 93065
Careside Inc. manufacturing, sales
6100 Bristol Parkway and marketing efforts
Culver City 90230
Recipient Funding Source(s)
Address
City/Zip
Celetron International Ltd. New enterprise Assocs,. Golden
2125-B Madera Road Gate Capital, Baring Asia Private
Simi Valley 93065 Equity Fund II, Alta Partners
Careside Inc. private investors
6100 Bristol Parkway
Culver City 90230
Recipient Recipient's
Address Core
City/Zip Business
Celetron International Ltd. optical manufacturing
2125-B Madera Road services provider
Simi Valley 93065
Careside Inc. blood analysis instrumentation
6100 Bristol Parkway and records management
Culver City 90230
NA - Not applicable
(1.)The company sold shares of series C covertible
preferred stock convertible into approximately
5.2 million shares of common stock based up on a
conversion price of $1.94 per share of common stock.
Source: Business Journal Research
COPYRIGHT 2001 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.
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