Tech Company Financing Transactions

Pacific BioSciences of California Funding Round

Pacific BioSciences of California closed a $20 million financing round on 11/20/2008. Investors included Blackstone.

Transaction Overview

Announced On
11/20/2008
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Undisclosed
Investors
Proceeds Purpose
These funds will be used to support the company's efforts to bring its Single-Molecule, Real-Time (SMRT�) DNA sequencing platform to market by the second half of 2010. Pacific Biosciences has raised a total of $193 million since the company was founded in 2004.

Company Information

Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
1305 O'Brien Dr.
Menlo Park, CA 94025
USA
Email Address
Overview
Pacific Biosciences (NASDAQ: PACB) is focused on developing treatments for various diseases through gene sequencing therapies.
Profile
Pacific BioSciences of California LinkedIn Company Profile
Social Media
Pacific BioSciences of California Company Twitter Account
Company News
Pacific BioSciences of California News
Facebook
Pacific BioSciences of California on Facebook
YouTube
Pacific BioSciences of California on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Michael Hunkapiller
  Michael Hunkapiller LinkedIn Profile  Michael Hunkapiller Twitter Account  Michael Hunkapiller News  Michael Hunkapiller on Facebook
Chief Financial Officer
Susan Barnes
  Susan Barnes LinkedIn Profile  Susan Barnes Twitter Account  Susan Barnes News  Susan Barnes on Facebook
Chief Operating Officer
Kathy Ordoñez
  Kathy Ordoñez LinkedIn Profile  Kathy Ordoñez Twitter Account  Kathy Ordoñez News  Kathy Ordoñez on Facebook
Chief Scientific Officer
Jonas Korlach
  Jonas Korlach LinkedIn Profile  Jonas Korlach Twitter Account  Jonas Korlach News  Jonas Korlach on Facebook
Chief Technical Officer
Stephen Turner
  Stephen Turner LinkedIn Profile  Stephen Turner Twitter Account  Stephen Turner News  Stephen Turner on Facebook
VP - Marketing
Kevin Corcoran
  Kevin Corcoran LinkedIn Profile  Kevin Corcoran Twitter Account  Kevin Corcoran News  Kevin Corcoran on Facebook
VP - R & D
Michael Phillips
  Michael Phillips LinkedIn Profile  Michael Phillips Twitter Account  Michael Phillips News  Michael Phillips on Facebook


 

 

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Prev: 11/20/2008: Staccato Communications venture capital transaction
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About Database of VC Transactions

We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.

 


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