NanoString lands $15.3M for genetic analysis system

nanostring

NanoString Technologies continues to rake in new capital, announcing today that it has raised $15.3 million from Morgan Stanley Expansion Capital and AllianceBernstein Alternative Investment Management Group. Existing investors, including Clarus Ventures, Draper Fisher Jurvetson, OVP Venture Partners, GE healthymagination Fund and BioMed Ventures, also participated in the financing. The deal follows a $20 million financing round… Read More…

Tech Moves: Andy Sack passes torch at Lighter Capital; OUYA’s new hire

Andy Sack (Randy Stewart photo)

Andy Sack is stepping aside as CEO of Lighter Capital, the Seattle investment firm that provides revenue-based loans to companies that angel or venture capitalist won’t touch. Sack will remain executive chairman, and in his place as CEO will be BJ Lackland. “I remain passionate about the Lighter Capital business and the revenue-based financing model,… Read More…

Tech Moves: GameHouse taps Keela Robison; NanoString hires biotech vet Bruce Seely

Keela Robison

Keela Robison is returning to her roots. After stints at Amazon.com and WhitePages, Robison is returning to RealNetworks’ and its GameHouse unit. Robison, who will serve as vice president of operations, will oversee the unit’s mobile and downloadable games business. She worked at RealNetworks as a general manager from 1998 to 2004 before moving on… Read More…

NanoString lands $20 million

nanostring

NanoString Technologies, a maker of genomic analysis tools, has raised $20 million in venture capital financing in a deal led by GE, BioMed Ventures and former Genzyme CEO Henri Termeer. Existing investors Clarus Ventures, Draper Fisher Jurvetson and OVP Venture Partners also participated. The money will be used to grow the company’s life sciences tools business,… Read More…