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Codon Devices Clears $20M Series B

Tuesday, December 19, 2006 8:00:00 AM PDT | VentureDeal Staff

CAMBRIDGE, MA  --  Codon Devices announced that it has secured $20 million in series B financing.

The round was led by Highland Capital Partners and included all previous investors - Alloy Ventures, Flagship Ventures, Khosla Ventures and Kleiner Perkins Caufield & Byers.

The company intends to use the proceeds to advance its BioFAB(TM) production platform, expand their protein and metabolic engineering capabilities and grow their worldwide sales and marketing forces.

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