About Ion Torrent
Ion Torrent is a Healthcare company based in Guilford (United States) founded in 2007 by Jonathan Rothberg, and was acquired by Life Technologies in August 2010. Next-generation sequencing is enabled by semiconductor technology for DNA analysis. It operates in the Healthcare and Technology sectors. Ion Torrent has raised $37.06 million across 1 funding round from investors including Life Technologies. Its chief executive, as recorded, is Jonathan Rothberg. Its focus areas include Life Sciences, Life Sciences Platforms and Tools, Instruments and Genomics. Its legal entity is Ion Torrent Systems Inc. Its competitors include Cepheid, PacBio and Fluidigm; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Guilford, United States
- Founders Jonathan Rothberg
- Stage Acquired
- SectorsHealthcareTechnology
- Website iontorrent.com
- Social LinkedIn X
- Acquired by Life Technologies (Aug 2010)
- Legal Name Ion Torrent Systems Inc
- Total Equity Funding$37.06M (USD)
in 1 rounds
- Latest Funding Round$37.06M (USD), Series C
Mar 2010
- Investors
- Acquired byLife Technologies
(Aug 2010)
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 $37.06M
- Total Rounds 1
- Last Round Series C — $37.06M
- First Round $37.06M
(Mar 2010)
All 1 funding rounds of Ion Torrent with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2010 | $37.06M | Series C | – | – | – |
1 investors in total: 1 institutional.
Investors in Ion Torrent
Ion Torrent has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Life Technologies.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tools and technologies for biotech and biopharma research were supplied. | 1983 | lifetechnologies.com | Carlsbad, United States |
Investor details for Ion Torrent
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People of Ion Torrent
1 people are tracked at Ion Torrent (1 in leadership).
| Name | Role | Group |
|---|---|---|
Jonathan Rothberg | Founder & CEO | Leadership |
Complete people profiles for Ion Torrent
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Timeline of Ion Torrent
3 dated milestones of Ion Torrent across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Ion Torrent is founded.
- Funding First funding round of $37.1M.
- Exit Acquired by Life Technologies.
Competitors of Ion Torrent
Ion Torrent has 3 listed competitors in our database, 3 of them funded. They include Cepheid, PacBio and Fluidigm.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cepheid.com | 1996 | Sunnyvale, United States | $19.1M | 1,299 | Developer of molecular diagnostic testing solutions | |
| pacb.com | 2004 | Menlo Park, United States | $395M | 649 | Instrument systems and software for single-molecule real-time sequencing are developed. | |
| fluidigm.com | 1999 | San Francisco, United States | $40.53M | 205 | Instruments for life sciences research and applications are developed. |
Detailed competitors of Ion Torrent
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Top companies in Genomics & Gene Therapy Platforms
3 companies that operate in the same segment as Ion Torrent (Genomics & Gene Therapy Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
mRNA-based therapeutics for diseases including cancer and infections are developed. | 2010 | Cambridge, Massachusetts, United States | USD 2.78 B | USD 1.94 B | 5,800 | |
Digital sequencing technology for cancer detection is developed. | 2012 | Redwood City, California, United States | USD 557.5 M | USD 982.02 M | 4,867 | |
Circulating tumor DNA is screened for early cancer detection. | 2016 | Menlo Park, California, United States | USD 2 B | USD 147.17 M | 1,141 |
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Frequently Asked Questions about Ion Torrent
Ion Torrent was founded in 2007 and raised its 1st funding round 3 years after it was founded.
Ion Torrent is headquartered in Guilford, United States. It is registered at Guilford, Connecticut, United States.
Jonathan Rothberg is the CEO of Ion Torrent, as recorded in our data. They have also founded this 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 2010.
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.
Ion Torrent has 1 investor. Key investors include Life Technologies.
Ion Torrent operates through Ion Torrent Systems Inc.
Yes. Ion Torrent was acquired by Life Technologies in August 2010.