Locus Raises $28M Privately IN Financing.(Locus Discovery Inc.)(Brief Article)

Locus Discovery Inc. raised $28 million in the first closing of its third round of equity financing. Additionally, the company has the option to raise an additional $12 million as part of the second closing of the round, bringing the total to $40 million. To date, since its founding in September1999, Locus has raised $76 million. The company started with $5 million in seed …