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peHUB First Read

Posted on: January 16, 2013 by asormaniNo Comments »

This morning’s First Read is venture-heavy with links to a Boston seed start-up surge; the cleantech collapse and why big data will be even bigger in 2013.

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by cnolan

CardioDx Seals $60M in Equity Financing

Posted on: May 11, 2011 by cnolanNo Comments »

CardioDx, a company developing cardiovascular genomic diagnostics, has raised $60 million in new equity funding. New investors Longitude Capital, J.P. Morgan, Acadia Woods Partners, Artiman Ventures, and Bright Capital, the venture arm of RU-COM, participated in the round, which also included the company’s previous investors. The company has raised money previously from Kleiner, Perkins, Caufield & Byers, Mohr Davidow Ventures, TPG Biotech, Intel Capital, Pappas Ventures, DAG Ventures, Asset Management Group and GE Capital. Funding will be used to expand reimbursement coverage in the United States for the company’s blood-based gene expression test for obstructive coronary artery disease, as well as to continue development of future products. The company, based in Palo Alto, Calif., closed a $45 million round in May 2010.