Tech Company Financing Transactions

RainDance Technologies Funding Round

RainDance Technologies secured a $20 million Series E financing round on 4/29/2013. Investors included Acadia Woods Ventures, Alloy Ventures and Mohr Davidow Ventures.

Transaction Overview

Announced On
Transaction Type
Venture Equity
Series E

Acadia Woods Ventures (Jeffrey Samberg)

Alloy Ventures (Michael Hunkapiller)

Mohr Davidow Ventures (William Ericson)

Myriad Genetics

Quaker Partners (Sherrill Neff)

Sectoral Asset Management

Proceeds Purpose
RainDance will use the proceeds of this financing to drive global expansion of its products: the ThunderStorm system for targeted next-generation sequencing, and the recently launched RainDrop digital PCR system for ultra-sensitive multiplexed quantitative detection of circulating nucleic acids. In addition, the financing enables the company to substantially expand its commercial operations and manufacturing capacity, including relocation of the company headquarters to a new facility in mid-2013.

Company Information

Company Status
Private & Independent
Mailing Address
749 Middlesex Turnpike
Billerica, MA 01821
Email Address
RainDance Technologies, Inc. (RDT) is a nanotechnology company devoted to developing, and commercializing the Personal Laboratory System, a platform for droplet-based microfluidics.
RainDance Technologies LinkedIn Company Profile
Social Media
RainDance Technologies Company Twitter Account
Company News
RainDance Technologies News
RainDance Technologies on Facebook
RainDance Technologies on YouTube

Management Team

Email & Social
Chief Executive Officer
Kathy Ordoñez
  Kathy Ordoñez LinkedIn Profile  Kathy Ordoñez Twitter Account  Kathy Ordoñez News  Kathy Ordoñez on Facebook
Chief Financial Officer
Alfred Merriweather
  Alfred Merriweather LinkedIn Profile  Alfred Merriweather Twitter Account  Alfred Merriweather News  Alfred Merriweather on Facebook
Chief Operating Officer
Rock Kelly
  Rock Kelly LinkedIn Profile  Rock Kelly Twitter Account  Rock Kelly News  Rock Kelly on Facebook
Chief Technical Officer
Darren Link
  Darren Link LinkedIn Profile  Darren Link Twitter Account  Darren Link News  Darren Link on Facebook
VP - Operations
Roch Kelly
  Roch Kelly LinkedIn Profile  Roch Kelly Twitter Account  Roch Kelly News  Roch Kelly on Facebook
VP - Product Management
John Luckey
  John Luckey LinkedIn Profile  John Luckey Twitter Account  John Luckey News  John Luckey on Facebook



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Prev: 4/29/2013: Tango Card venture capital transaction
Next: 4/29/2013: Gliknik venture capital transaction


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