Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ee0a6f12-f622-4486-8644-28d677f3000d&Preview=1
Date 10/12/2011
Company Name DNAnexus
Mailing Address 420 Florence St. Palo Alto, CA 94301
Company Description DNAnexus is a start-up in biocomputation aiming to transform the future of genetics, alter the course of medicine, help cure cancer! The advent of next-generation DNA sequencing technologies will soon enable one of the holy grails of medicine: the personal genome.
Proceeds Purposes The new capital will help further DNAnexus’ mission to unlock the potential of DNA-based medicine and biotechnology by creating scalable and collaborative data technologies. The company intends to use the funds to expand hiring and accelerate product development.