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BioTrove

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Life Technologies Acquires BioTrove

Woburn, United StatesFounded 1997Biotechnology
Valuation $50–100M Last recorded · 2009
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About BioTrove

BioTrove, Inc., founded in 1997, operated as a developer and manufacturer of systems for genomic analysis, high-throughput screening, and molecular diagnostics. The company was established in Woburn, Massachusetts, and was co-founded by Colin Brenan, who served as the Chief Technology Officer. Brenan's two decades of experience in scientific research and product development, including his work at MIT on nano- and micro-scale biomedical instrumentation, were foundational to the company's direction.

The firm's business was centered on providing micro and nano-scale technology platforms for life science and drug discovery research. BioTrove developed and commercialized two primary technology platforms: OpenArray® and RapidFire®. The OpenArray® platform was a high-throughput gene expression and genotyping analysis system that allowed researchers to perform over 3,000 PCR-based assays simultaneously. This technology was designed to advance genomic research in fields such as agriculture, disease research, and public health. The RapidFire® platform was developed to accelerate drug discovery by enabling high-throughput mass spectrometry screening. These products catered to a client base that included 11 of the 12 largest biopharmaceutical companies and various research and public health centers.

The company's revenue was generated through the sale of its laboratory instruments and related consumables. A significant milestone was a collaboration agreement with Applied Biosystems in 2007 to commercialize the OpenArray® platform for genotyping applications. This partnership integrated Applied Biosystems' TaqMan® assays with BioTrove's high-density format. After raising a total of $61.9 million over eight funding rounds from institutional investors like Biofrontier Partners and Catalyst Health Ventures, BioTrove was acquired by Life Technologies Corporation. The acquisition was announced in November 2009 and completed in December 2009 for an undisclosed amount, with the stated goal of enhancing Life Technologies' offerings in the PCR market.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
1997
Headquarters
Woburn, United States
Employees
1
Open positions
None listed
Dealroom signal
52.8/100
Sector
Biotechnology, Hard Tech
Business model
Manufacturing
Client focus
b2b

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Nov 2009 $0 — Undisclosed —
SERIES C✓Equity / VC Apr 2009 — — Undisclosed —
Showing the latest 2 of 7 recorded eventsBook a demo for the full funding history →

Growth signals

BioTrove website traffic

Latest recorded traffic for BioTrove is 110 monthly website visits. BioTrove's team grew 0% over the past year.

Latest monthly visits110 1-year team growth0%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

7 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A7 investors entered at this stage

  • Zero Stage Capital
  • CB Health Ventures
  • Catalyst Health Ventures
  • Biofrontier Partners
  • Echelon Ventures
  • Fletcher Spaght Ventures
  • Technology Partners
Team profiled 8 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Woburn HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about BioTrove on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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