Tech Company Financing Transactions
Strand Diagnostics Funding Round
Strand Diagnostics, operating out of Indianapolis, secured $30 million from NantWorks.
Transaction Overview
Company Name
Announced On
4/5/2012
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The funding, dispersed over the next three years, will be used for growth and sales and marketing efforts, the company said Wednesday.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
5770 Decatur Blvd. A
Indianapolis, IN 46241
USA
Indianapolis, IN 46241
USA
Phone
Website
Email Address
Not Recorded
Overview
Strand Diagnostics develops and markets the know error system which uses bar coding, forensic principles and DNA matching to confirm that surgical biopsy samples being evaluated belong to the patient being diagnosed.
Management Team
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