Edico Genome Receives $10,000,000 Series A Funding Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cd07d634-2f52-4d89-a04a-b54cd1e3852c - Date
7/18/2014 - Company Name
Edico Genome - Mailing Address
4225 Executive Square La Jolla, CA 92037 USA - Company Description
Edico Genome has developed the DRAGEN Bio-IT Processor, the world’s first next-generation sequencing bioinformatics application-specific integrated circuit (ASIC). - Website
http://www.edicogenome.com - Transaction Type
Venture Equity - Transaction Amount
$10,000,000 - Transaction Round
Series A - Proceeds Purposes
Edico plans to use the Series A financing to grow to about 30 employees from its current roster of 15 to complete “productization” of the Dragen processor and implement additional features and functionality. - M&A Terms
- Venture Investor
- Venture Investor
