Software, Biotech, deals
Teranode Gets $900K Debt Deal
Luke Timmerman 10/2/09
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 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.
