Monday, December 4, 2006

Geospiza Raises $3M

Seattle-based Geospiza said today that it has raised $3M in a Series A investment. The firm was advised by Swiftsure Capital in the funding. Investors in the round were not disclosed. Geospiza said that the funding wil lbe used for hiring sales and product development personnel. Geospiza develops software used for managing data from automated genetic testing, and said that it currently has a collaboration agreement with Applied Biosystems. More information »