Ardelyx Collects $17.6M

7/11/11Follow @wroush

Fremont, CA-based Ardelyx, which is developing small-molecule drugs to treat gastrointestinal disorders, has raised $17.6 million in Series B funding in a round that could go as high as $22.3 million, according to a regulatory filing last week. Ardelyx’s previous investors include CMEA Capital and New Enterprise Associates (NEA).

Wade Roush is a contributing editor at Xconomy. Follow @wroush

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