Provider of an online suite of lab management tools designed to help labs to better manage their workflows. The company's online suite of lab management tools organize and manage laboratory inventories, tracking and placing orders and sharing protocols and equipment with others, enabling pharma and biotech companies to run their labs.
Generating Revenue
Privately Held (backing)
Venture Capital-Backed
The company raised $17 million of Series B venture funding in a deal led by Eminence Capital on January 4, 2016, putting the company's pre-money valuation at $38 million. A Capital, Khosla Ventures, A.Capital Ventures, Teamworthy Ventures, Upshift Capital, Y Combinator, Jeremy Stoppelman, Justin Caldbeck, Tikhon Bernstram and Gil Elbaz also participated in the round. The company will use the funding to improve its marketplace supplies and recruit new executives.
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