Complete Genomics - Top 20 Biotech VC Deals of 2009

Company: Complete Genomics
Based: Mountain View, CA
Amount: $45 million

Investors: Essex Woodlands Health Ventures, OrbiMed Advisors, Enterprise Partners Venture Capital, OVP Venture Partners, Prospect Venture Partners and Highland Capital Management

Scoop: Complete Genomics snared a $45 million round to finance development of new--and radically cheaper--sequencing services last August. The biotech believes it has the technology in place to lower the price of entire human gene sequencing to less than $5,000. And it's boldly predicted that it will soon be able to turn around the sequencing data in just days.

Related Articles:
Sequencing cost slides to $4,400 at Complete Genomics
Sequencing looms as a game changer
Complete Genomics slashes the cost of genomic sequencing
Complete Genomics bags $45M round for sequencing