Buzzy healthtech startup Vial slashed an entire division weeks before a $67 million raise from General Catalyst. Insiders say they had no idea the layoffs were coming.

Buzzy healthtech startup Vial slashed an entire division weeks before a $67 million raise from General Catalyst. Insiders say they had no idea the layoffs were coming.

Weeks before announcing it had secured more than $60 million in fresh funding from General Catalyst, biotech startup Vial last fall quietly laid off dozens of employees.