Deal Announcements

Ignyta Garners $6 Million Venture Capital Funding

Wednesday, January 02, 2013 5:38:00 AM PDT | VentureDeal

   San Diego, California  --  Biotechnology company Ignyta has secured $6 million in its second round of venture capital funding.

Ignyta is developing technology that improves the quality of biomarkers and tests available to rheumatologists and their patients.

City Hill Ventures, Colt Ventures and others invested in the round.

The company said it would use the proceeds to begin clinical studies related to its molecular-based assay for diagnosing rheumatoid arthritis.

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