Verinata Health Garners $48,500,000 Series C Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e03a5259-79aa-428e-8ac3-18b951275757&Preview=1
Date
8/10/2011
Company Name
Verinata Health
Mailing Address
1531 Industrial Road San Carlos, CA 94070
Company Description
Verinata Health, Inc. is driven by a sole, extraordinary purpose – maternal and fetal health. Our initial focus is to develop and offer non-invasive tests for early identification of fetal chromosomal abnormalities through our proprietary technologies.
Website
http://www.verinata.com
Transaction Type
Venture Equity
Transaction Amount
$48,500,000
Transaction Round
Series C
Proceeds Purposes
Verinata plans to use the proceeds to fund continued research and development and subsequent commercialization of its non-invasive prenatal diagnostic test.
M&A Terms
Venture Investor
Mohr Davidow Ventures
Venture Investor
Sutter Hill Ventures
Venture Investor
Alloy Ventures