Advanced Cell Diagnostics Receives $12,000,000 Series B Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5d30c39e-a19f-47cc-9ec3-99af0804f476&Preview=1 -
Date
11/1/2012 -
Company Name
Advanced Cell Diagnostics -
Mailing Address
3960 Point Eden Way Hayward, CA 94545 -
Company Description
Advanced Cell Diagnostics (ACD),a developer of cell- and tissue-based diagnostic tests for personalized medicine. -
Website
http://www.acdbio.com -
Transaction Type
Venture Equity -
Transaction Amount
$12,000,000 -
Transaction Round
Series B -
Proceeds Purposes
Proceeds from the financing will be used to support the commercial expansion of its proprietary technology RNAscope-based products and services into the life science research market and accelerate the entry of RNAscope into the clinical diagnostics market. -
M&A Terms
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Venture Investor
New Leaf Venture Partners -
Venture Investor
Morningside Group
