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DNAnexus Raises $15M, Announces Deal with Google to Host SRA Database

This article has been updated to correct the sixth paragraph, which had incorrectly stated that Google Cloud Storage will take over hosting of the SRA from the National Center for Biotechnology Information.

By a GenomeWeb staff reporter

NEW YORK (GenomeWeb News) – DNAnexus today announced it has raised $15 million in a financing round, and it will collaborate with Google to support hosting of the public Sequence Read Archive database.

The $15-million second round funding was led by Google Ventures and TPG Biotech. Other investors included First Round Capital, SoftTech VC, K9 Ventures, and Felicis Ventures.

The funding will be used for hiring additional personnel and to accelerate product development, "creating scalable and collaborative data technologies," DNAnexus said.

Krishna Yeshwant, a partner at Google Ventures, and Geoff Duyk, partner and managing director at TPG Ventures, have joined DNAnexus' board, the Mountain View, Calif.-based company said.

It also announced a deal with Google Cloud Storage to provide researchers with access to "the most comprehensive archive of publicly available DNA data through a hosted Sequence Read Archive site."

The partners are providing a "complementary mirror of the SRA," hosted on Google's cloud storage service, that provides researchers with another way to access the data. DNAnexus aims to provide a long-term storage and analysis platform that increases access to any number of data sets including those stored in the SRA.

The firm has leveraged Google's cloud infrastructure to develop a "new, user-friendly interface for the database that will improve the ability for scientists to browse, download, and analyze data."

"Life science research will be characterized by the ever-growing presence of diverse genomic datasets and the ability to easily integrate them," Andreas Sundquist, CEO and co-founder of DNAnexus, said in a statement. "Through this effort … we're helping to ensure that scientists can easily access a critical archive of genomics information in a hosted environment that allows them to focus on science, not software."

DNAnexus SRA website users will also be able to import SRA datasets into the commercial DNAnexus platform to access additional functionality, including mapping, RNA-seq, ChIP-seq, variant analysis, data visualization, and tools for integrating SRA data with their own sequence data. DNAnexus has also lowered its standard academic pricing by half and is allowing researchers to import SRA data into DNAnexus for free.

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