TetraScience Secures $80 Million Series B and Accelerates Roll Out of the World's Only Open R&D Data Cloud for Scientific Discovery

"TetraScience is committed to rapidly evolving global R&D from a project-based IT model to a product- and network-based paradigm which will transform discovery as we know it, offering unprecedented benefits to our customers and humanity," continued Grady. "Recent global events underscore the acute need to accelerate scientific discovery to deliver safe and effective therapeutics that improve and extend human life, and this starts with enabling breakthroughs in BioPharma R&D," said Deven Parekh, Managing Director at Insight Partners and TetraSciences latest board member. We are excited to roll up our sleeves and work alongside Patrick and the team as we build and lead this transformational category," added Parekh. "With Alkeon having led Benchlings 2020 growth round, and Insight recently supporting portfolio company Insightful Sciences acquisition of Dotmatics, backers of the worlds leading electronic lab notebook (ELN) companies are strongly endorsing the market need for an open R&D data platform and TetraSciences position as the category leader," added Grady. Insight Partners is a leading global venture capital and private equity firm investing in high-growth technology and software ScaleUp companies that are driving transformative change in their industries.