TissueInformatics Raises $4.4M, Appoints COO | GenomeWeb

NEW YORK, Feb 15 – TissueInformatics, a maker of bioinformatics tools that are designed to analyze tissue information, said Thursday it raised $4.4 million in a private placement.

Motorola participated in the round, its second investment in the Pittsburgh-based company. According to TissueInformatics, Motorola’s biochip division “sees potential” for the company’s software as a complement to its efforts.

On Thursday, the company also announced that Dennis Meteny, who helped to orchestrate the recent round of financing, was appointed president and chief operating officer.

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