Daylight Solutions Receives $15,000,000 Series C Financing

  • Feed Type
  • Date
    7/11/2011
  • Company Name
    Daylight Solutions
  • Mailing Address
    15378 Avenue of Science San Diego, CA 92128
  • Company Description
    Daylight Solutions is a manufacturer of advanced molecular detection and imaging instruments. The company’s core technology provides significant advancement in the fields of medical diagnostics, homeland security, military applications and industrial/environmental monitoring.
  • Website
    http://www.daylightsolutions.net
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $15,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    The Series C financing will allow us to serve all of our customers with a family of QCL-based products based on a modular, open source, core technology platform meeting the requirements of the most demanding environments in defense as well as commercial markets. Our manufacturing infrastructure, capacity and reliability programs will be expanded as a result of the financing transaction.
  • M&A Terms
  • Venture Investor
    Northrop Grumman
  • Venture Investor
    Undisclosed