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ARTICLE | Financial News

RainDance raises $16.5 million E round extension

March 4, 2014 1:58 AM UTC

RainDance Technologies Inc. (Billerica, Mass.) raised $16.5 million in the extension of a series E round, bringing the total raised in the round to $41.5 million. New investors GE Ventures and Northgate Capital co-led the extension, and all of RainDance's existing investors participated except for Myriad Genetics Inc. (NASDAQ:MYGN). RainDance raised $20 million in the series E round in April 2013 and raised an additional $5 million in the round from existing investors in late 2013. ...