Xconomy Boston

Raindance Technologies Inc. Lands $6,000,000 Series B Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fee480ee-5f34-4cc4-81f2-e3cdcc1f0f18&Preview=1
Date
6/29/2009
Company Name
Raindance Technologies Inc.
Mailing Address
44 Hartwell Avenue Lexington, MA 02421
Company Description
RainDance Technologies, Inc. (RDT) is a nanotechnology company devoted to developing, and commercializing the Personal Laboratory System™, a platform for droplet-based (“digital”) microfluidics.
Website
http://www.raindancetechnologies.com
Transaction Type
Venture Equity
Transaction Amount
$6,000,000
Transaction Round
Series B
Proceeds Purposes
Proceeds urposes were not disclosed.
M&A Terms
Venture Investor
Mohr Davidow Ventures
Venture Investor
Pequot Capital Management, Inc.
Venture Investor
JDS Capital LLC