Pacific Biosciences Raises $68 Million
Pacific Biosciences, a Menlo Park, Calif.-based company focused on DNA gene sequencing, has raised $68 million in fifth-round funding. Monsanto, the Wellcome Trust and Sutter Hill Ventures came aboard as new investors. Past backers include Deerfield Management, Intel Capital, Morgan Stanley, Redmile Group, T. Rowe Price, Mohr Davidow Ventures, Kleiner Perkins Caufield and Byers, Alloy Ventures, Maverick Capital, AllianceBernstein, DAG Ventures, Teachers’ Private Capital and Blackstone Cleantech Venture Partners. Pacific Biosciences previously raised around $185 million.
13 August 2009•2 mins read
