Molecular Biometrics Lands $12,500,000 Series B Financing Round

  • Feed Type
  • Date
    1/12/2010
  • Company Name
    Molecular Biometrics
  • Mailing Address
    One Edgewater Drive Norwood, MA 02062
  • Company Description
    Molecular Biometrics, Inc. develops highly specific and sensitive analytical methodologies for molecular diagnostic and monitoring applications in medicine, and for drug discovery and development through pharmacodiagnostics.
  • Website
    http://www.molecularbiometrics.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $12,500,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The financing will allow the company to accelerate the global launch of the company’s lead product.
  • M&A Terms
  • Venture Investor
    Atlas Venture
  • Venture Investor
    Safeguard Scientifics
  • Venture Investor
    Oxford Bioscience Partners