Sierra Neuropharmaceuticals Completes $21.5-Million Series A Fun...(ndpresent include such industry-leading ...)

Date:7/31/2008

nd present, include such industry-leading companies as Avidia, CardioThoracic Systems, The Foundry, Morphotek, OncoMed, Orexigen, Perclose, and Xtent. Morgenthaler has a total of $2.5 billion under management. Its most recent fund, capitalized at $450 million, was raised in July of 2005. The firm (http://www.morgenthaler.com) has funded more than 300 companies over its 40-year history.

About Sequel Venture Partners

Sequel Venture Partners, based in Boulder, Colorado, provides venture funding for early stage technology businesses. Sequel manages $400 million in capital, and specializes in Healthcare, Internet and Enterprise IT, Clean Technology and Internet based services. http://www.sequelvc.com/

About High Country Venture

High Country Venture manages Colorado Fund I, which is a venture capital fund that invests in seed and early stage businesses in Colorado, focusing on Life Sciences (including biotechnology, agritechnology, and medical devices), information technology (including software and Internet companies) and retail. The mission of High Country Venture is to invest in the most promising and innovative early stage Colorado companies, help build them into strong, profitable businesses, and to capture that value creation through strategic financial decisions. http://www.coloradofund1.com/

About GC & H Investments, LLC.

GC&H Investments, LLC, makes venture investments on behalf of lawyers with Cooley Godward Kronish LLP. http://www.cooley.com

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SOURCE Sierra Neuropharmaceuticals, Inc. Copyright©2008 PR Newswire. All rights reserved

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