Benchling Secures the Largest Funding Round to Date, Totaling $200 Million, in order to Extend Its Cloud-based R&D Platform

Though it was never much of a benchwarmer, to begin with, Benchling has moved up to the major leagues with its new fundraising, which is by far the biggest in the startup's nearly decade-long history.

Sequoia Capital Global Equities led the $200 million series E. Altimeter Capital, Byers Capital, serial entrepreneur, and Color Genomics founder Elad Gil, as well as several previous investors, also participated in the funding round.

According to Forbes, the round elevates Benchling to unicorn status, with a $4 billion valuation. It also far outnumbers Benchling's previous funding rounds, the largest of which was a $50 million Series D investment led by Alkeon Capital and completed in May 2020.

The new funds will be used to extend the global scope and technological capabilities of the company's cloud-based R&D platform for biotech and pharmaceutical users.

Heavyweights such as Gilead Sciences, Sanofi, Regeneron Pharmaceuticals, and Sana Biotechnology are among those who have used the technology. They can analyze complex datasets, streamline research workflows, design DNA using CRISPR gene-editing technology, and more using Benchling's platform.

"The past year has shown the global effect that biotechnology can have. It has been exciting to see our customers at the forefront of creating everything from life-saving COVID-19 therapeutics to more sustainable goods for our planet," CEO and co-founder Sajith Wickramasekara said in a release.

"This funding will allow us to provide more goods, solutions, and services that scientists around the world will eventually need to solve some of humanity's most difficult challenges," Wickramasekara added.

Benchling's busy year has come to an end with the infusion of funds. In 2020, the company doubled its annual recurring sales, added more than 150 new customers, including Gilead and Sanofi, and opened its third office, the first outside the United States, in Zurich, Switzerland.

It also introduced a number of new items. Benchling most recently launched the Validated Cloud in January, which offers resources that bridge the gap between research and growth, making it easier for life sciences companies to plan their data results and research proposals for regulatory approval.

According to Forbes, Benchling's next goal is to maintain its track record of doubling sales every year while still making plans to go public. To that end, the company recently recruited new financial and information security executives and a general counsel, but no clear timetable for filing an IPO has been established.

Reference : https://www.fiercebiotech.com/medtech/benchling-logs-largest-funding-round-yet-200m-to-expand-cloud-based-r-d-platform

115 comments

  1. Jdakzg

    Ulndlv - ed treatment pills Stjrqn

  2. Isplzj

    dapoxetine 60mg - buy priligy dapoxetine online cialis online canada

  3. Jvwlpz

    erectile dysfunction cure - compare ed drugs gnc ed pills

  4. Dxswsw

    prednisone 500 mg - prednisone 60 how much is a prednisone prescription

  5. Swjusf

    accutane pharmacy prices - buy accutane europe how safe is accutane

  6. Ycpabh

    amoxicillin for sinus infection - gnrcillin amoxicillin walgreens

  7. Llbkme

    where to buy vardenafil online - buy generic vardenafil no prescription levitra canada

  8. Bgmrvi

    stromectol 6mg - where to buy ivermectin where to buy stromectol online

  9. Nirwle

    how to buy cialis in usa - generic tadalafil cost 15 mg cialis

  10. Jgxlqa

    ivermectin australia - ivermectin for humans for sale

  11. Depzve

    cheap accutane singapore - accutane 40 mg daily accutane drug

  12. Anznsn

    lyrica tablets 150mg - canadian pharmacy viagra adderall canadian pharmacy

  13. Euccta

    buy amoxicilina 500 mg online - generic amoxil buy amoxicilin online

  14. Nqlcdo

    how to get sildenafil online - viagra tablets in india online viagra on line

  15. Xlqnjf

    canada cialis generic - cialis 5mg pharmacy generic tadalafil

  16. Rrlglq

    ivermectin 50mg/ml - ivermectin 250ml stromectol 12mg online

  17. Exnyxd

    prednisone medication - prednisone 20 mg tablet prednisone tablets

  18. Miixzo

    provigil settlement - provigil schedule modafinil 100mg

  19. Williamsmesk

    single women online
    [url="http://datingonlinecome.com/?"]the dating blogs 2007[/url]

  20. Lwwqld

    buy azithromycin zithromax - buy zithromax 100mg online azithromycin online

  21. Williamsmesk

    local milfs
    [url="http://onlinedatinglook.com/?"]silver singles dating site[/url]

  22. Ordolk

    lasix uk buy - generic for lasix lasix 90 20mg

  23. Ecwudy

    generic clomiphene 25mg - order clomiphene 100mg buy clomiphene online

  24. Slaqrx

    buy viagra usa - online pharmacy no prescription viagra viagra usa

  25. Zuhhfg

    cialis for daily use online - where to buy cialis safely generic cialis soft tabs

  26. KevinLig

    gay dating sites boston
    best dating sites for gay
    [url="http://gaydatingzz.com?"]online dating for gay[/url]

  27. Srffqt

    how much does ivermectin cost - buy ivermectin 6mg stromectol buy

  28. Lradtx

    online casino for real cash - playcasigam.com gambling casino

  29. KevinLig

    gay and bi dating sites
    college dating gay
    [url="http://freegaychatnew.com?"]gay dating targeted individuals[/url]

  30. Phccpg

    over the counter erectile dysfunction medication - otcedpill.com ed pills otc

  31. KevinLig

    gay conservatives dating
    gay dating photos
    [url="http://gaydatingzz.com?"]sexy gay sites 2021 -dating[/url]

  32. Cpxmyw

    how to get prednisone online - canada pharmacy prednisone generic prednisone tablets

  33. KevinLig

    online dating older gay men
    middle school dating is gay
    [url="http://gaydatingzz.com?"]gay guy dating a ftm[/url]

  34. Wvsjes

    sildenafil prescription discount - best price for viagra in uk how to buy viagra over the counter

  35. KevinLig

    free gay dating india
    does eharmony offer gay dating
    [url="http://gaydatingzz.com?"]gay not dating trans men[/url]

  36. Ghmeby

    tadalafil 5 mg mexico - Buy no rx cialis big pharmacy online

  37. KevinLig

    arab gay dating website
    gay american dating site
    [url="http://freegaychatnew.com?"]daddy dating gay[/url]

  38. Gqqyss

    ivermectin us - ivermec4human.com stromectol ivermectin buy

  39. KevinLig

    best place for gay dating
    japanese gay dating site
    [url="http://gaydatingzz.com?"]gay dating in duluth mn[/url]

  40. Khlbxu

    dr phil ed pills - mens erections ed treatment review

  41. Ryhovr

    ventolin pills - Albuterol online ventolin generic brand

  42. Zwzluz

    how much is cytotec - cytotec 200mg price cytotec 600 mcg

  43. Jgeuvp

    order doxycycline without prescription - doxycycline for sale over the counter doxycycline over the counter uk

  44. Quemmb

    neurontin 300 mg - costs of levothyroxine levothyroxine 137 mcg cost

  45. generic propecia no perscription

    mejor cialis 10 o 20 mg

  46. Zenaida

    I really love your blog.. Excellent colors & theme.
    Did you make this amazing site yourself? Please
    reply back as I'm looking to create my own blog and would like to know where you got this from or exactly what the theme is called.

    Thanks!

    Here is my webpage :: why web hosting

  47. Fkldol

    viagra online japan - viagra pill where to buy

  48. Colette

    Incredible points. Outstanding arguments. Keep up the good effort.

    my website - was quest bars [http://bitly.com/2WAvPGN]

  49. Titismles

    http://buystromectolon.com/ - medication ivermectin 3mg

  50. Ktfins

    levitra 10 mg - buy vardenafil overnight shipping generic cialis vardenafil

  51. Lou

    I'm gone to inform my little brother, that he should also visit this blog on regular basis to obtain updated from latest news.

    My blog post it quest bars (bit.ly)

  52. Viagra

    Canadian Pharmacy No Presc

  53. Nejnjd

    india ivermectin - stromectol tablet 3 mg ivermectin pills

  54. Kandi

    Pretty! This has been an extremely wonderful post.

    Thank you for supplying these details.

    Feel free to surf to my web page; asmr when

  55. PatrickSix

    speed dating in the dark gay
    redding cali gay dating
    [url="http://freegaychatnew.com?"]gay small cock dating[/url]

  56. Vern

    Outstanding quest there. What happened after?
    Good luck!

    Visit my page; scoliosis surgery off

  57. Tcrwct

    prednisone on line no prescription - buying prednisone deltasone without script online

  58. Jonathon

    I'm really loving the theme/design of your blog. Do you ever run into
    any internet browser compatibility problems? A couple of my blog visitors have complained about my website not working correctly in Explorer but looks great in Opera.
    Do you have any ideas to help fix this issue?

    Visit my web blog - asmr off; bitly.com,

  59. Eeyfsn

    cheap accutane - generic accutane buy accutane australia

  60. Odell

    Thanks for some other informative blog. The
    place else could I get that kind of info written in such a perfect method?
    I have a challenge that I'm just now operating on, and I have been on the glance out for such info.

    Also visit my web blog: why asmr

  61. PatrickSix

    dating as a shy gay guy
    gay slave and master dating
    [url="http://freegaychatnew.com?"]adam and adam gay dating site[/url]

  62. PatrickSix

    gay dating hookup sites
    gay dating orlando florida
    [url="http://gaychatgay.com?"]100 gay dating[/url]

  63. Isdztb

    amoxicillin - amoxicillin without a doctor’s prescription amoxicillin without a doctor

  64. Lori

    Unquestionably believe that which you stated. Your favorite
    reason seemed to be on the internet the easiest thing to be aware
    of. I say to you, I definitely get annoyed while people think
    about worries that they just don't know about.
    You managed to hit the nail upon the top as well as defined out the whole thing without having side
    effect , people can take a signal. Will likely be back to get more.
    Thanks

    My web-site ... asmr is, j.mp,

  65. https://ivermectinmeds.com/
  66. Britt

    I couldn't refrain from commenting. Exceptionally well written!

    Also visit my web site; scoliosis surgery for

  67. itewhex

    http://buypropeciaon.com/ - finasteride sample

  68. furosemide 40 mg cost

    lasix pill furosemide 40 mg price Brigo Spoup

  69. Michaelnix

    gay dating sites for teens
    omar mateen on gay dating site
    [url="gaydatingcanada.com?"]gay speed dating ottawa[/url]

  70. Maroweawl
  71. Nktbfn

    order research paper - help 123 essay online essay writing

  72. lasix 20 mg price

    lasix rx buy furosemide online Brigo Spoup

  73. buy furosemide tablets

    buy lasix online buy lasix online Brigo Spoup

  74. Jkjkcf

    order viagra online us pharmacy - Usa viagra sales average cost of viagra 100mg

  75. NoffAnend

    http://buytadalafshop.com/ - best place to buy cialis online

  76. furosemide cost

    rx furosemide furosemide cost cvs Brigo Spoup

  77. Henrybrura

    gay blog dating
    prescott az gay dating
    [url="http://gay-singles-dating.com?"]gay dating sites wiki[/url]

  78. lasix online

    furosemide 40 mg cost lasix 20 mg tablet price Brigo Spoup

  79. sefeanaps
  80. Pmbyrg

    ivermectin generic name - ivermectin lotion cost stromectol 6 mg

  81. buy stromectol pills online

    Viagra Generic Very Very Cheap

  82. Tadqhe

    1250 mg prednisone - 24 mg prednisone prednisone buy online nz

  83. Henrybrura

    gay speed dating brighton
    gay dating guide
    [url="http://gayedating.com/?"]gay turkish dating[/url]

  84. ivermectin cost

    stromectol for humans buy stromectol online uk

  85. Henrybrura

    gay millionaires dating site
    gay dating event
    [url="http://gaydatingcanada.com/?"]best site for gay dating[/url]

  86. Afzgsp

    cheap generic lasix - clomid online furosemide 40 mg prescription

  87. Zithromax

    Amoxicilline Pour Une Pharyngiteamoxicillin

  88. suepext
  89. Fougoy

    ventolin nebules - ventolin inhalers albuterol sulfate inhaler

  90. stromectol ivermectin buy

    ivermectin buy ivermectin canada

  91. Dtzlof

    where to buy cytotec in south africa - cytotec for iud insertion cytotec australia

  92. Baimame
  93. ivermectin generic
  94. Mhofxc

    doxycycline buy online india - prednisolone 25mg prednisolone 10 mg

  95. twilsOm
  96. Axiotolal

    https://buyzithromaxinf.com/ - buy azitromyicin

  97. Hbzhkd

    cost of ivermectin 1% cream - stromectol tablets for humans for sale stromectol

  98. Plaquenil

    Can You Take Clindamycin And Amoxicillin

  99. what furosemide

    Achat De Generique Cialis

  100. icolladia
  101. Lgthoo

    sildenafil prices - order sildenafil canada sildenafil

  102. purchase clomid online

    clomid 25 mg price Brigo Spoup

  103. CoahPhoda

    https://buyplaquenilcv.com/ - hydroxychloroquine for sale online

  104. online clomid prescription
  105. Ujofuo

    tadalafil professional - tadalafil professional buy tadalafil online cheap

  106. clomid without prescription

    clomid pills cost Brigo Spoup

  107. Ydtfxo

    50mg accutane - accutane over the counter canada accutane drug

  108. addibly
  109. can you buy priligy in the u.s.

    prix du cialis en belgique

  110. https://ivermectinstromectolhp.com/

    ivermectin near me stromectol generic

  111. Swgoce

    essay edit - college essay assistance academic writing terms

  112. https://ivermectinstromectolhp.com/
  113. https://ivermectinstromectolhp.com/
  114. https://ivermectinstromectolhp.com/

    ivermectin generic name ivermectin tablets uk

  115. Ptaboq

    ivermectin 200 - ivermectin for humans for sale ivermectin rx

Comment

Your email address will not be disclosed. The required fields are marked with*.

Related recommendation

No related articles!

微信扫一扫,分享到朋友圈

Benchling Secures the Largest Funding Round to Date, Totaling $200 Million, in order to Extend Its Cloud-based R&D Platform