Tech Company Financing Transactions

OpGen Funding Round

OpGen, based in Gaithersburg, secured $17 million from jVen Capital, CHL Medical Partners and Highland Capital Partners.

Transaction Overview

Company Name
OpGen
Announced On
9/27/2010
Transaction Type
Venture Equity
Amount
$17,000,000
Round
Series B
Investors

jVen Capital (Lead Investor) (Evan Jones)

CHL Medical Partners (Ronald Lennox)

Highland Capital Partners (Bijan Salehizadeh)

Versant Ventures (Brian Atwood)

Proceeds Purpose
This financing will support the marketing efforts for our Argus� Optical Mapping System as we continue to drive market awareness and grow revenues. In addition, the new growth capital will fuel our efforts to expand into new markets, including the development of new applications that will complement sequencing technologies and help facilitate rapid completion of large genome mapping and finishing technologies currently under development at the company.

Company Information

Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
708 Quince Orchard Rd.
Gaithersburg, MD 20878
USA
Phone
(301) 869-9683
Website
www.opgen.com
Email Address
[email protected]
Overview
OpGen (NASDAQ: OPGN) is a leading provider of genetic analysis services and systems. The company's proprietary Optical Mapping system (see technology) is used by academic and commercial organizations worldwide for applications including comparative genomics and genome sequence assembly/validation.
Profile
OpGen LinkedIn Company Profile
Social Media
OpGen Company Twitter Account
Company News
OpGen News
Facebook
OpGen on Facebook
YouTube
OpGen on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Oliver Schacht
  Oliver Schacht LinkedIn Profile  Oliver Schacht Twitter Account  Oliver Schacht News  Oliver Schacht on Facebook
Chief Financial Officer
Timothy Dec
  Timothy Dec LinkedIn Profile  Timothy Dec Twitter Account  Timothy Dec News  Timothy Dec on Facebook
Chief Marketing Officer
Faranak Atrzadeh
  Faranak Atrzadeh LinkedIn Profile  Faranak Atrzadeh Twitter Account  Faranak Atrzadeh News  Faranak Atrzadeh on Facebook
Chief Operating Officer
Johannes Bacher
  Johannes Bacher LinkedIn Profile  Johannes Bacher Twitter Account  Johannes Bacher News  Johannes Bacher on Facebook
VP - Bus. Development
Chris Emery
  Chris Emery LinkedIn Profile  Chris Emery Twitter Account  Chris Emery News  Chris Emery on Facebook
VP - Regulatory Affairs
Autumn Collasius
  Autumn Collasius LinkedIn Profile  Autumn Collasius Twitter Account  Autumn Collasius News  Autumn Collasius on Facebook

 

 

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Prev: 9/27/2010: Harvest Automation venture capital transaction
Next: 9/27/2010: Merchantry venture capital transaction

 

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