Castle Biosciences Lands $14,000,000 New Round

  • Feed Type
  • Date
    3/28/2016
  • Company Name
    Castle Biosciences
  • Mailing Address
    2014 San Miguel Drive Friendswood, TX 77546 USA
  • Company Description
    Castle Biosciences offers diagnostic tests that provide actionable, tumor-specific information for improved treatment decisions and patient outcomes.
  • Website
    http://www.castlebiosciences.com
  • Transaction Type
    Debt
  • Transaction Amount
    $14,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The new $14 million overall facility refinances the existing $6 million growth term loan, adding $2 million in new growth capital and a new $5 million accounts receivable revolver.
  • M&A Terms
  • Venture Investor
    Silicon Valley Bank

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