On Jun. 20, 2003, NanoString Technologies was incorporated in Seattle as a spin-off from the Institute for Systems Biology by Krassen Dimitrov, Amber Ratcliffe, and Dwayne Dunaway.

NanoString is engaged in the detection, identification and quantification of individual target molecules in a biological sample by attaching a color coded fluorescent reporter to each target molecule of interest. The Company markets its nCounter Analysis System to academic, government and biopharmaceutical and clinical laboratory customers.