Xconomy San Diego

Daylight Solutions, Inc. Secures $5,000,000 Series B Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d41ea222-1601-4419-8fd5-399d37bbe8b7&Preview=1
Date
9/22/2008
Company Name
Daylight Solutions, Inc.
Mailing Address
13029 Danielson Street Poway, CA 92064
Company Description
Daylight Solutions is a manufacturer of advanced molecular detection and imaging instruments. The company’s core technology provides significant advancement in the fields of medical diagnostics, homeland security, military applications and industrial/environmental monitoring.
Website
http://www.daylightsolutions.net
Transaction Type
Venture Equity
Transaction Amount
$5,000,000
Transaction Round
Series B
Proceeds Purposes
“This funding, coupled with our growing revenue stream helps to ensure that we’ll have the resources necessary to respond to expanding opportunities from our customer base,” said Paul Larson, President and COO.
M&A Terms
Venture Investor
Undisclosed