Ion Torrent

Guilford, United States Founded: 2007 • Age: 19 yrs Acquired By Life Technologies
Next-generation sequencing is enabled by semiconductor technology for DNA analysis.
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About Ion Torrent

Ion Torrent is a company based in Guilford (United States) founded in 2007 by Jonathan Rothberg was acquired by Life Technologies in August 2010.. Ion Torrent has raised $37.06 million across 1 funding round from investors including Life Technologies. Ion Torrent operates in a competitive market with competitors including Cepheid, Nanopore, PacBio, Fluidigm and Omniome, among others.

  • Headquarter Guilford, United States
  • Founders Jonathan Rothberg
  • Sectors
    Healthcare
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Ion Torrent Systems Inc
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Biotechnology, Genomics & Life Sciences Research
Technology → Quantum & Emerging Technologies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $37.06 M (USD)

    in 1 rounds

  • Latest Funding Round
    $37.06 M (USD), Series C

    Mar 05, 2010

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Life Technologies

    (Aug 17, 2010)

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Funding Insights of Ion Torrent

Ion Torrent has successfully raised a total of $37.06M through 1 strategic funding round. The most recent funding activity was a Series C round of $37.06 million completed in March 2010. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Series C — $37.1M
  • First Round

    (05 Mar 2010)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2010 Amount Series C - Ion Torrent Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

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investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in Ion Torrent

Ion Torrent has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Life Technologies. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Tools and technologies for biotech and biopharma research were supplied.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Ion Torrent

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Ion Torrent

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Ion Torrent Comparisons

Employees
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Competitors of Ion Torrent

Ion Torrent operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cepheid, Nanopore, PacBio, Fluidigm and Omniome, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Developer of molecular diagnostic testing solutions
domain founded_year HQ Location
Nanopore-based electronic systems for single-molecule analysis are developed.
domain founded_year HQ Location
Instrument systems and software for single-molecule real-time sequencing are developed.
domain founded_year HQ Location
Instruments for life sciences research and applications are developed.
domain founded_year HQ Location
Genome sequencing platform is provided for clinical diagnostics.
domain founded_year HQ Location
DNA sequencing platform for human genome analysis is developed.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Ion Torrent

Frequently Asked Questions about Ion Torrent

When was Ion Torrent founded?

Ion Torrent was founded in 2007 and raised its 1st funding round 3 years after it was founded.

Where is Ion Torrent located?

Ion Torrent is headquartered in Guilford, United States. It is registered at Guilford, Connecticut, United States.

Who is the current CEO of Ion Torrent?

Jonathan Rothberg is the current CEO of Ion Torrent. They have also founded this company.

Is Ion Torrent a funded company?

Ion Torrent is a funded company, having raised a total of $37.06M across 1 funding round to date. The company's 1st funding round was a Series C of $37.06M, raised on Mar 05, 2010.

What does Ion Torrent do?

Ion Torrent was founded in 2007 in Guilford, United States, focusing on biotechnology tools for next-generation sequencing. A proprietary platform was developed, employing a sequencing-by-synthesis method that detects hydrogen ion release during DNA ligation via an ISFET sensor. Operations centered on genome sequencing advancements. The company was acquired by Life Technologies for 725 million in August 2010, and subsequently by Thermo Fisher Scientific in 2013.

Who are the top competitors of Ion Torrent?

Ion Torrent's top competitors include Nanopore, Cepheid and PacBio.

Who are Ion Torrent's investors?

Ion Torrent has 1 investor. Key investors include Life Technologies.

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