Teranode Gets $900K Debt Deal

Luke Timmerman10/2/09

Seattle-based Teranode, the maker of software to organize life sciences laboratories, has raised $900,000 in a debt financing, according to a regulatory filing. The document doesn’t say who invested, although Cameron Myhrvold of Bellevue, WA-based Ignition Partners is on the board. Teranode, a spinoff from the University of Washington, was founded in 2002, according to its website.

Luke Timmerman is the National Biotech Editor of Xconomy, and the Editor of Xconomy Seattle. E-mail him at ltimmerman@xconomy.com or follow him on Twitter at twitter.com/ldtimmerman.