Coda Genomics Inc. of Laguna Hills said Thursday that it raised $7 million in a third round of financing.
OVP Venture Partners of Seattle and Portland, Ore., led the round. Monitor Ventures, which has offices in Santa Monica and Palo Alto, Tech Coast Angels and Life Science Angels also invested.
Tech Coast Angels, a group of financiers from Orange and Los Angeles counties, led a second round of funding in 2006 that was more than $1.6 million.
Coda is developing technology that’s used in protein production. Drug and biopharmaceutical companies use Coda’s technology in synthetic biology work.
The company was started in 2004 to commercialize technology from the laboratories of two University of California, Irvine professors.
