Pacific Biosciences takes $68M as genome sequencing becomes more competitive | VentureBeat

Pacific Biosciences takes $68M as genome sequencing becomes more competitive | VentureBeat

DEALS.VENTUREBEAT.COM - Pacific Biosciences, one of the companies working to advance DNA sequencing technology, just brought in $68 million in new financing — bringing its total raised over the last year to a staggering $188 million. The Menlo Park, Calif. firm says it plans to use the money to prepare its new real-time sequencing system for commercial launch in 2010.Its ability to raise such a substantial amount...

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