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Althea Picks Up $23M in Series C Finance Round

Althea Technologies Inc. received $23 million in financing Jan. 9.

The series C financing was made possible through funds managed by San Francisco-based Telegraph Hill Partners.

Althea was founded in 1998 and offers manufacturing, discovery and gene expression services, among others, to life sciences companies. One of the private firm’s flagship products is its patented eXpress Profiling gene expression system.

In 2005, Althea was named on Deloitte & Touche’s San Diego Technology Fast 50 list , ranked on revenue growth during the last five years.

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, Katie Weeks

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