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Genalyte, Inc. Completes $12 Million Series B Financing to Commercialize Its Maverick™ Next-Generation Multiplexing Platform
Date:3/30/2012

ick platform, visit www.genalyte.com.

About Genalyte 
Since 2007, Genalyte's mission has been to develop instrument systems, hardware, software and consumables making multiplex protein and nucleic acid testing from a single sample the standard in the research, life science and clinical diagnostic markets.  Genalyte's multiplexing platform incorporates the company's revolutionary Microring Sensor Technology™, a new approach to multiplexing that reduces or eliminates sample preparation, provides scalable multiplexing for both proteins and nucleic acids from a single small sample, and achieves up to eight logs of dynamic range.  Genalyte is preparing to launch the Maverick™ platform, which uses this technology to run scalable multiplexed assays that do not require the washes, incubations or other processing steps associated with sample preparation.  The Maverick™ platform has a large dynamic range and excellent sensitivity. 

About Claremont Creek Ventures
Claremont Creek Ventures is a seed and early stage venture capital firm investing in digital healthcare, energy technology, payments/commerce, and online businesses.  Claremont Creek has $300 million in capital under management in two funds.  For more information, visit www.claremontcreek.com.Contacts:

 Genalyte, Inc.

Media: Martin Gleeson

BioCom Partners VP, Development & Applications

Barbara Lindheim +1 858 750-4470

+1 212 584-2276 x201 martin@genalyte.com

blindheim@biocompartners.com


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SOURCE Genalyte, Inc.
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