Pacific BioSciences Garners $20,000,000 New Financing Round

  • Feed Type
  • Date
    11/20/2008
  • Company Name
    Pacific BioSciences
  • Mailing Address
    1505 Adams Drive Menlo Park, CA 94025
  • Company Description
    The company is focused on developing treatments for various diseases through gene sequencing therapies.
  • Website
    http://www.pacificbiosciences.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $20,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    These funds will be used to support the company’s efforts to bring its Single-Molecule, Real-Time (SMRT™) DNA sequencing platform to market by the second half of 2010. Pacific Biosciences has raised a total of $193 million since the company was founded in 2004.
  • M&A Terms
  • Venture Investor
    Blackstone Cleantech Venture Partners

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