PlexPress Obtains $2,750,000 New Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=68ed297d-0a0b-4a0b-8329-d016ff177b68&Preview=1 -
Date
5/12/2009 -
Company Name
PlexPress -
Mailing Address
1660 Belvoir Dr. Los Altos, CA 94024 -
Company Description
PlexPress is a life science company specializing in gene expression analysis technology to advance biological science, drug discovery, crop science and diagnostics. PlexPress seeks to rapidly provide reliable information at low cost. Its products simultaneously measure multiple genes from multiple samples. PlexPress operates from Los Altos, California and Helsinki, Finland. -
Website
http://www.plexpressbio.com. -
Transaction Type
Venture Equity -
Transaction Amount
$2,750,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
This investment provides funds for PlexPress to commercialize TRAC technology to help enable the next frontier of gene function analysis, namely, a better understanding of the mechanisms of biological systems. -
M&A Terms
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Venture Investor
Conor Venture Partners -
Venture Investor
Veraventure Ltd -
Venture Investor
VTT -
Venture Investor
Undisclosed
