Teranode Gets $900K Debt Deal

Seattle-based Teranode, the maker of software to organize life sciences laboratories, has raised $900,000 in a debt financing, according to a regulatory filing. The document doesn’t say who invested, although Cameron Myhrvold of Bellevue, WA-based Ignition Partners is on the board. Teranode, a spinoff from the University of Washington, was founded in 2002, according to its website.

Author: Luke Timmerman

Luke is an award-winning journalist specializing in life sciences. He has served as national biotechnology editor for Xconomy and national biotechnology reporter for Bloomberg News. Luke got started covering life sciences at The Seattle Times, where he was the lead reporter on an investigation of doctors who leaked confidential information about clinical trials to investors. The story won the Scripps Howard National Journalism Award and several other national prizes. Luke holds a bachelor’s degree in journalism from the University of Wisconsin-Madison, and during the 2005-2006 academic year, he was a Knight Science Journalism Fellow at MIT.