Monday, February 7, 2011
GenVault Acquired By IntegenX
Carlsbad-based GenVault, a provider of systems used for managing DNA collections, has been acquired. IntegenX, a provider of equipment used for preparing genetic analysis samples, said last week that it acquired GenVault, but did not disclose any financial details of the deal. The acquisition came in conjunction with a new, $15.6M funding round for IntegenX from Domain Associates and others. GenVault was venture backed by Cross Creek Capital, Domain Associates, Montagu Newhall Associates, and QuestMark Partners, and had raised north of $40M in funding.