Bina Technologies Lands $6,250,000 Series B Funding Round

  • Feed Type
  • Date
    3/27/2013
  • Company Name
    Bina Technologies
  • Mailing Address
    275 Shoreline Drive Redwood City, CA 94065
  • Company Description
    Bina is the big data science platform accelerating personalized medicine for researchers and clinicians requiring fast, accurate and scalable genomic analysis. The word “Bina” means “knowledge” or “insight”, translated from both Persian and Hebrew. We use cutting-edge big data technologies to dramatically reduce the amount of time and money required to process raw genetic data in order to generate insights for personalized medicine.
  • Website
    http://www.binatechnologies.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $6,250,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    With its new funding Bina plans to triple its headcount, half on the business side and half on the engineering side.
  • M&A Terms
  • Venture Investor
    Sierra Ventures
  • Venture Investor
    Undisclosed