Raindance Technologies Obtains $37,500,000 Series D Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fbf15ede-b536-4299-b647-8abb112f426f&Preview=1 - Date
1/25/2011 - Company Name
Raindance Technologies - Mailing Address
44 Hartwell Avenue Lexington, MA 02421 - Company Description
RainDance Technologies, Inc. (RDT) is a nanotechnology company devoted to developing, and commercializing the Personal Laboratory System, a platform for droplet-based microfluidics. - Website
http://www.raindancetechnologies.com - Transaction Type
Venture Equity - Transaction Amount
$37,500,000 - Transaction Round
Series D - Proceeds Purposes
RainDance will use the funding to drive new applications for its commercial targeted sequencing and sequence enrichment solution in the medical genetics and research markets, as well as grow the Company’s global sales and support infrastructure. In addition, RainDance will use this funding to develop and commercialize industry-leading products for single molecule digital PCR and single cell analysis. - M&A Terms
- Venture Investor
Quaker BioVentures - Venture Investor
Mohr Davidow Ventures - Venture Investor
Acadia Woods Ventures - Venture Investor
Alloy Ventures
