Tech Company Financing Transactions
Pacific BioSciences of California Funding Round
Pacific BioSciences of California closed a $20 million financing round on 11/20/2008. Investors included Blackstone.
Transaction Overview
Company Name
Announced On
11/20/2008
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Undisclosed
Investors
Proceeds Purpose
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.
Company Information
Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
1305 O'Brien Dr.
Menlo Park, CA 94025
USA
Menlo Park, CA 94025
USA
Phone
Website
Email Address
Overview
Pacific Biosciences (NASDAQ: PACB) is focused on developing treatments for various diseases through gene sequencing therapies.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michael Hunkapiller
Chief Financial Officer
Susan Barnes
Chief Operating Officer
Kathy Ordoñez
Chief Scientific Officer
Jonas Korlach
Chief Technical Officer
Stephen Turner
VP - Marketing
Kevin Corcoran
VP - R & D
Michael Phillips
Browse more venture capital transactions:
Prev: 11/20/2008: Staccato Communications venture capital transaction
Next: 11/20/2008: Aprius venture capital transaction
Share this article
About Database of VC Transactions
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs