RainDance Technologies Lands New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3b19ff23-b90f-4495-8267-5f304a576cfa
Date
9/23/2013
Company Name
RainDance Technologies
Mailing Address
749 Middlesex Turnpike Billerica, MA 01821
Company Description
RainDance Technologies, Inc. (RDT) is a nanotechnology company devoted to developing, and commercializing the Personal Laboratory System, a platform for droplet-based microfluidics.
Website
http://www.raindancetech.com
Transaction Type
Venture Equity
Transaction Amount
Undisclosed
Transaction Round
Undisclosed
Proceeds Purposes
The transaction provides RainDance with up to $35 million to support commercial expansion of the company’s leading Digital PCR and Next-Generation Targeted DNA Sequencing products.
M&A Terms
Venture Investor
Capital Royalty