NEW YORK (GenomeWeb News) – Personal genomics shop Knome has raised $5 million of a financing round targeting $20 million, it disclosed in a document filed with the US Securities and Exchange Commission today.
The company did not say how the funds will be used but said that the offering is not being made in connection to a merger or acquisition or other business combination transaction. The type of security being offered are in the form of equity.
Related persons listed on the document include Jorge Conde, co-CEO and co-founder of Knome, based in Cambridge, Mass.; Stéphane Bancel, the company's chairman; and Sundar Subramaniam, co-founder and co-chair of Knome.
On deadline, the company did not respond to a request for comment.