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Genospectra Raises $16.4M in Series C Financing

NEW YORK, Sept. 14 (GenomeWeb News) - Genospectra has raised $16.4 million in a Series C financing round, the company said today.

 

Fremont, Calif.-based Genospectra plans to use the funding to develop cell-based assays and a quantitative cell-based method for gene expression profiling.

 

Batelle Ventures led the financing round. New investors were Agilent Ventures, 5AM Ventures, Aravis Ventures, Allen, and private investors. They were joined by existing investors Alex Zaffaroni, Frazier Healthcare Ventures, HBM Bioventures, Novartis Bioventures, Bio*One Capital, Bay City Capital, and Affymetrix.

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