NanoString Technologies

NanoString Technologies

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Overview

NanoString Technologies (NASDAQ: NSTG) is a publicly held provider of life science tools for translational research and molecular diagnostics. The company's technology enables a wide variety of basic research, translational medicine and in vitro diagnostics applications.

NanoString's products are based on a novel digital molecular barcoding technology invented at the Institute for Systems Biology (ISB) in Seattle under direction of Dr. Leroy Hood. The company was founded in 2003 with an exclusive license to develop and market the technology. In 2008, NanoString launched its first commercial instrument system and began international sales operations with its first multiplexed assays for gene expression analysis. In 2010, the company launched new applications for the system to support microRNA analysis and copy number variation detection, and in 2013 launched Prosigna®, its first in vitro diagnostic product for prognosis of early stage breast cancer.

About

Industries

Biotechnology, Medical, Health Diagnostics

Founded

2003

Employees

251-500

Headquarters locations

United States, North America

Social

N/A

Profile Resume

NanoString Technologies headquartered in United States, North America, operates in the Biotechnology, Medical, Health Diagnostics sector. The company focuses on Biotechnology and has secured $178.3B in funding across 204 round(s). With a team of 251-500 employees, NanoString Technologies is actively contributing to advancements in Biotechnology. Their latest funding round, Series C - NanoString Technologies, raised $30.0M. Discover more about their projects, partnerships, and impact on our platform.

Employees

imagePlace J. Wayne Cowens

J. Wayne Cowens

Chief Medical Officer

imagePlace Brad Gray

Brad Gray

President and Chief Executive Officer

imagePlace Barney Saunders

Barney Saunders

Senior Vice President & General Manager - Life Sciences

imagePlace Joseph M. Beechem

Joseph M. Beechem

Chief Scientific Officer and SVP of Research and Development

imagePlace Wayne Burns

Wayne Burns

Senior Vice President, Operations & Administration

imagePlace Kathy Surace-Smith

Kathy Surace-Smith

Senior Vice President, Human Resources and Legal Affairs

Funding Rounds

Funding rounds

17

Investors

1

Lead Investors

0

Total Funding Amount

$873.9M

Details

5

NanoString Technologies has raised a total of $873.9M in funding over 5 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2012Late Stage Venture15.3M
2011Late Stage Venture20.0M
2007Early Stage Venture8.5M
2009Late Stage Venture30.0M

Investors

NanoString Technologies is funded by 12 investors.

Investor NameLead InvestorFunding RoundPartners
Henri Termeer-FUNDING ROUND - Henri Termeer15.3M
Henri Termeer-FUNDING ROUND - Henri Termeer20.0M
NanoString Technologies-FUNDING ROUND - NanoString Technologies20.0M
Lysosomal Therapeutics-FUNDING ROUND - Lysosomal Therapeutics20.0M

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