Pathway Genomics Secures $40,000,000 Series E Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c864bdb4-d4ed-4793-ac71-56820142e7be
Date
1/5/2016
Company Name
Pathway Genomics
Mailing Address
4755 Nexus Center Drive San Diego, CA 92121 USA
Company Description
Pathway Genomics is a privately-held, venture-backed company that offers affordable, personal DNA genotyping tests for less than $250.
Website
http://www.pathway.com
Transaction Type
Venture Equity
Transaction Amount
$40,000,000
Transaction Round
Series E
Proceeds Purposes
This investment will enable the company to expand their presence in the United States and beyond the 40 countries it currently serves internationally, capturing a growing share of the $38 billion global genomics market.
M&A Terms
Venture Investor
IBM Venture Capital Group
Venture Investor
Undisclosed