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Biotech, VC, Software

Geospiza Raises $750K

Luke Timmerman 4/10/09

Geospiza, the maker of software for biomedical researchers, has raised $750,000 from new and existing angel investors, according to Laura Lucas, vice president of marketing. The company had gained some momentum in the past year, helping scientists cope with information overload of the genomic age. The company secured a $1.1 million grant last month from the National Institutes of Health, and securing new customers at Harvard Medical School and the University of Florida. The news was first reported by TechFlash.

Luke Timmerman is the National Biotechnology Editor for Xconomy. You can e-mail him at ltimmerman@xconomy.com, call 206-624-2374, or follow him on Twitter at http://twitter.com/ldtimmerman.


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