Ardais Takes in $14M Series C

Ardais of Lexington, Mass., closed a $14 million Series C round of venture capital financing in December. The five-year-old firm, which serves as a repository for human tissue for research, took its last round of financing in March 2001 and was valued at $72 million then. Investors in the current round include CIT Group, Pequot Capital, Advanced Technology Ventures, Advent International, Bessemer Venture Partners, and The Kaufmann Fund.

 

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