Tech Company Financing Transactions

PrimeraDx Funding Round

PrimeraDx closed a $21 million Series B funding round on 1/8/2008. Investors included Abingworth, Burrill & Company and MPM Capital.

Transaction Overview

Company Name
Announced On
1/8/2008
Transaction Type
Venture Equity
Amount
$21,000,000
Round
Series B
Investors

Abingworth (Lead Investor) (Vincent Miles)

Burrill & Company (Ann Hanham)

MPM Capital (Kazumi Shiosaki)

Proceeds Purpose
"Primera plans to use this financing to complete development of our instrument system, reagent kits for disease-specific clinical research, future diagnostic tests as well as support ongoing research and development efforts," said Martin L. Verhoef, President and Chief Executive Officer of Primera Biosystems, Inc.

Company Information

Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
171 Forbes Blvd. 1000
Mansfield, MA 02048
USA
Email Address
Overview
Primera is developing a proprietary gene expression analysis system, STAR (Scalable Transcription Analysis Routine) that combines into a single system the desirable features of both real-time PCR and DNA microarray technologies.
Profile
PrimeraDx LinkedIn Company Profile
Social Media
PrimeraDx Company Twitter Account
Company News
PrimeraDx News
Facebook
PrimeraDx on Facebook
YouTube
PrimeraDx on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Matthew McManus
  Matthew McManus LinkedIn Profile  Matthew McManus Twitter Account  Matthew McManus News  Matthew McManus on Facebook
Chief Financial Officer
Ted Myles
  Ted Myles LinkedIn Profile  Ted Myles Twitter Account  Ted Myles News  Ted Myles on Facebook
Chief Scientific Officer
Lilly Kong
  Lilly Kong LinkedIn Profile  Lilly Kong Twitter Account  Lilly Kong News  Lilly Kong on Facebook
VP - Bus. Development
David Jackson
  David Jackson LinkedIn Profile  David Jackson Twitter Account  David Jackson News  David Jackson on Facebook
VP - Engineering
David Heffelfinger
  David Heffelfinger LinkedIn Profile  David Heffelfinger Twitter Account  David Heffelfinger News  David Heffelfinger on Facebook
VP - Regulatory Affairs
Fayyaz Memon
  Fayyaz Memon LinkedIn Profile  Fayyaz Memon Twitter Account  Fayyaz Memon News  Fayyaz Memon on Facebook


 

 

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We do our best to document every notable VC transaction. VC transactions reported here come from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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