Biotech Startup Transcriptic Receives $1.2M In Seed Funding Led By Google Ventures And FF Angel

Startup biotech company Transcriptic has raised $1.2 million in a seed funding round from a wide group of investors led by Google Ventures and FF Angel (Founders Fund's seed stage arm), and private investors Mark Cuban and Naval Ravikant. Notably, more than 60 accredited investors contributed $150,000 through a partnership between investment platforms AngelList and SecondMarket, which Transcriptic says makes it the first company to raise a significant equity round online.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/zRgT-167sDQ/

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