Thursday, January 12, 2012

Entelos completes recapitalization, raises funds

Entelos Holding Corp. said Wednesday it has completed a recapitalization and raised an undisclosed amount of funding.
The San Mateo-based firm said it provides in silico modeling and simulation products and services, which enable pharmaceutical and consumer product companies to make informed decisions in the product development process.
The funding was led by Santa Monica-based private investment firm Clearlake Capital Group LP, and included participation from existing investor, New York-based private investment firm Imperium Partners Group LLC.

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