Titian Software Ltd.Battery Ventures received a majority investment in a company called ”, which is based in London, UK. It develops sample-management software for life-sciences laboratories and related services.
The details of the deal were not disclosed.
The company intends use the funds to grow organically and for potential future acquisitions.
Edmund Wilson, who still holds a significant ownership interest in the company, founded Titian in 1999. Titian is a technology company that helps customers optimize their research and development. More specifically, the company’s Mosaic product improves the supply of samples—including compounds, biologicals and reagents—essential to vital research and development processes in the lab. Titian sells to a variety of industries, including pharmaceuticals and biopharmaceuticals, agroscience, contract research organizations, and not-for profit and academic groups.