Solexa Secures $32.5M Private-Equity Financing | GenomeWeb

NEW YORK, April 22 (GenomeWeb News) - Solexa today announced it has secured $32.5 million in private-equity financing led by ValueAct Capital of San Francisco.

Solexa said it intends to use the cash to develop and launch its sequencing-by-synthesis instrument, and to repay a loan to Silicon Valley Bank.

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