Lifecode raises $20.5M series A round

Molecular diagnostics company Lifecode Inc. (Foster City, Calif.) raised $20.5 million in a series A funding led by Sequoia Capital; the Mayo Clinic; and Mayo Ventures. The company did not respond to a request for details.

Lifecode, previously called Silicon Valley Biosystems Corp., is developing cancer diagnostics based on next-generation sequencing (see BioCentury, Jan. 21, 2013). ...