@ Local health care company NextGxDx raises $1M | SEBIO

Local health care company NextGxDx raises $1M

Posted by on Mar 6, 2013

NASHVILLE, TN – NextGxDx, which offers an online genetic testing marketplace, has raised $1 million.

The company plans to use the money to increase brand awareness, accelerate its growth with health care professionals and expand the company’s laboratory relationships. The company has said it alsowill use the money to hire additional employees to manage the growth.

Excerpts from the release are below:

NextGxDx Inc., which provides an online genetic testing marketplace for health care professionals and hospitals, today announced the successful closing of a $1 million, angel-funded, convertible note round. The company’s capital goal was fully met with the Series A2 financing, with NextGxDx welcoming several new investors alongside existing shareholders as participants.

“The angel investor community has embraced the NextGxDx mission of adding transparency and access to information in the confusing world of genetic testing,” said Mark Harris, CEO of NextGxDx. “As hospitals and health care professionals have responded, the company is experiencing a surge in momentum that includes the addition of physician research organizations and high-quality genetic reference labs as partners in this endeavor.”
NextGxDx will unveil new features and functionality at the American Academy of Neurology Annual Meeting in San Diego March 16–23 and the American College of Medical Genetics and Genomics Annual Clinical Genetics Meeting in Phoenix March 19–23.
http://www.bizjournals.com/nashville/news/2013/03/05/local-health-care-company-nextgxdx.html?ana=e_du_pub&s=article_du&ed=2013-03-06&u=12521664164e1b4fe329e782bbe685

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