Strand Diagnostics Obtains $30,000,000 New Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bdc934d1-a280-40c3-93bc-6bfa714f9485
Date
4/5/2012
Company Name
Strand Diagnostics
Mailing Address
5770 Decatur Blvd. Indianapolis, IN 46241 USA
Company Description
Strand Diagnostics develops and markets the know error system which uses bar coding, forensic principles and DNA matching to confirm that surgical biopsy samples being evaluated belong to the patient being diagnosed.
Website
http://www.knowerror.com
Transaction Type
Venture Equity
Transaction Amount
$30,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The funding, dispersed over the next three years, will be used for growth and sales and marketing efforts, the company said Wednesday.
M&A Terms
Venture Investor