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Bill Gates-backed startup Nimbus Discovery closes $24M funding

Tue, 06/28/2011 - 9:22am
Medical Design Technology

Nimbus Discovery LLC, a computational technology-based drug discovery firm in Cambridge, has closed a $24 million Series A funding round, co-led by Atlas Venture, SR One and Lilly Ventures. Microsoft Corp. founder Bill Gates returned to participate in funding as well.

The $24 million is expected to support Nimbus’ IRAK4 and ACC programs to treat inflammation, cancer and metabolic diseases, per a Nimbus news release.

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