Cebix raises $21.3M, names Martin CEO

Cebix Inc. (La Jolla, Calif.) raised $21.3 million in a series B round and hired Joel Martin as president and CEO. Martin is formerly president and CEO of asthma company Altair Therapeutics Inc., which was acquired in 2010 by an undisclosed company. Existing investors InterWest; Sofinnova Ventures; and Thomas, McNerney & Partners participated in the financing. ...