Chronix Biomedical Raises $2.8M

3/14/11Follow @wroush

San Jose, CA-based Chronix Biomedical, a developer of tests that can detect cancer and neurologic diseases from DNA circulating in the blood, has raised $2.8 million in a sale of equity and options, according to a regulatory filing. The round’s 11 investors are not identified, but the company’s previous backers include Prairie Gold Venture Partners in Sioux Falls, SD.

Wade Roush is a contributing editor at Xconomy. Follow @wroush

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