By a GenomeWeb staff reporter

NEW YORK (GenomeWeb News) – RainDance Technologies has closed a Series D financing round that has raised $37.5 million, the Lexington, Mass.-based firm said today.

RainDance said that it will use the funds to develop new applications for its commercial targeted sequencing and sequence enrichment solution in the medical genetics and research markets. It also plans to grow its global sales and support infrastructure.

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