NEW YORK (GenomeWeb) – Sequence Bioinformatics has raised $1.6 million in equity financing, according to a Form D the company filed with the US Securities and Exchange Commission last month.

The Newfoundland, Canada-based firm also raised C$1 million ($775,000) last year from Killick Capital, Pelorus Venture Capital, and Klister Credit. It did not specify the reason for the current financing or what it plans to do with the proceeds.

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