In our 11th annual analysis of Series A financings, we look at five sub-species of A round investors, their habits, habitats, and behaviors during 2014.

The pharmaceuticals business is riding high at Johnson & Johnson, posting impressive gains from new launches in immunology and cancer – in particular, the May launch of Zytiga (abiraterone acetate) in the U.S. for metastatic castration-resistant prostate cancer.

Pharma is keenly interested in new cancer diagnostics tools, which in many cases are aimed at selecting the best therapy for a specific patient, measuring response to therapy and predicting or more sensitively measuring relapse. These technologies are often the same as those used in pharma's drug development efforts. But deciding with whom and how to ally for the development and distribution of tests is difficult, showing just how uncharted, and bumpy, is the current diagnostics terrain.