Bina Technologies Closes $6.25M Series B Financing

Bina Technologies, a Redwood City, CA-based developer of genomic big data science platform, closed a $6.25m Series B financing.

The round led by Sierra Ventures.

The company intends to use the funds to expand their development, marketing, sales and support teams.

Founded in 2011 by Narges Bani Asadi, CEO, Bina provides a big data science platform which aims to accelerate personalized medicine for researchers and clinicians requiring fast, accurate and scalable genomic analysis. .
The company is also announcing a partnership with Dr. Elizabeth Worthey at the Medical College of Wisconsin focusing on accelerating newborn whole genome sequencing and screening in the neonatal intensive care unit.
In addition, the Genetics Department of Stanford University led by Dr. Michael Snyder joined as an official customer.

FinSMEs

27/03/2013

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