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Natera Nabs $55.5 Million Growth Capital

Tuesday, April 7, 2015 5:46:00 AM PDT | VentureDeal
   San Carlos, California  --  Genetic testing technology company Natera has secured $55.5 million in fresh growth stage venture capital financing.

Natera has developed "a proprietary bioinformatics technology to deliver accurate and comprehensive high throughput testing for reproductive indications from tiny quantities of DNA."

Sofinnova Ventures led the round, was also included Jennison Associates, RA Capital, HealthCor Partners, OrbiMed and others.

The company said it would use the funding to expand its sales and marketing initiatives and continue research and development.

Natera previously raised at least $97 million in venture capital investment since 2007.

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