Medical diagnostics developer Advanced Liquid Logic has new financing to support development of the company’s “lab on a chip” technology.

The Research Triangle Park company has secured a term loan and a revolving line of credit with Square 1 Bank, the Durham-based bank focused on serving entrepreneurs. No specifics of the financing were disclosed.

Advanced Liquid has developed microfluidics technology that can move very tiny amounts of liquid, such as a small blood sample, on a chip. The technology allows for the development of diagnostic devices for tests that used to require larger samples tested in a laboratory setting, hence the term “lab on a chip.” The company owns or controls more than 100 patents related to its digital microfluidics technology.

Last year, Advanced Liquid licensed its technology to GenMark Diagnostics in a deal could pay up to $3 million in fees and milestones along with a GenMark equity investment in the RTP firm. Carlsbad, Calif.-based GenMark makes molecular diagnostic testing systems to diagnose disease to guide patient treatment.