Cell imager and manipulator Cyntellect collects $15.1M

Successful CMOs achieve growth by leveraging technology. Join us for GrowthBeat Summit on June 1-2 in Boston, where we'll discuss how to merge creativity with technology to drive growth. Space is limited. Request your personal invitation here!

San Diego’s Cyntellect, a laboratory equipment maker focused on tools that image and manipulate living cells, raised $15.1 million in a fourth funding round. The company’s technology, which it says is based upon principles from the semiconductor industry, uses lasers to capture fluorescent cell images, to eliminate unwanted cell types, and to “optoinject” proteins, peptides and nucleic acids into cells.

The round was led by Third Security and joined by an unidentified existing Cyntellect investor. The investors may commit up to another $8.3 million under the terms of the deal. The company said it will use the money to hire more staff, expand operations and explore new uses for its laser tools.

VentureBeat’s VB Insight team is studying marketing analytics... Chime in here, and we’ll share the results.