Wednesday, April 8, 2015

Natera Gets $55M For Prenatal Testing

San Carlos-based Natera, a provider of non-invasive, genetic testing services, said earlier this week that it has raised $55M in a financing round. The financing was led by Sofinnova Ventures, and also included Capital Research and Management, Franklin Templeton Investments, Jennison Associates, RA Capital Management, Healthcor Partners and OrbiMed Advisors. Natera is led by Matthew Rabinowitz, PhD. The company said the funds go towards expanding global sales and marketing, plus research and development.