San Carlos, Calif. -- NuGEN Technologies, a developer of gene amplification and labeling systems, said that it has secured $7.75 million in a new round of funding, led by Palo Alto-based Alloy Ventures. Previous investors Sutter Hill Ventures, Radius Ventures and The Band of Angels also participated. The company said that it will use the funds to accelerate its technology development activities, as well as to expand the global distribution of its amplification and detection systems for gene expression research.
http://www.nugeninc.com/html/08_news2.html
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