Monday
October
20
2014
5:58 pm
Weather

  Home
  Local News
  State / National / World
  Sports
  Opinion / Letters
  Business
  Arts / Entertainment
  Lifestyle
  Obituaries
  Calendar
  Submit Event
  Comics / Games
  Classifieds
  DJ Designers
  Archives
  Advertise With Us
  About Us
 
 
 
 

Check out our archive of Dining Guides - Yum!

San Mateo-based Maverix Biomics receives $6 million in funding
January 08, 2014, 05:00 AM Daily Journal Staff report

Maverix Biomics, a San Mateo-based software company that does sequencing genomic data analysis, announced yesterday it closed a $6 million Series A funding round.

The financing was led by the venture capital firm Asset Management Ventures and two prominent Silicon Valley information technology investors, Andreas Bechtolsheim and Andrew Yang.

Maverix’s pioneering flagship offering, the Maverix Analytic Platform, simplifies complex big data analytics for life science researchers, integrating context-based data exploration, interactive visualization, secure data management and affordable long-term storage in an easy-to-use cloud-based solution.

“Maverix is a great example of a portfolio company where Asset Management can offer its expertise in both life sciences and information technology,” Louis G. Lange, general partner at Asset Management Ventures, said in a press release. “We have been consistently impressed with the company’s leadership, scientific and software development expertise. As high-throughput sequencing becomes a mainstream research and clinical technology, bioinformatics must move from the computer room directly into the hands of life scientists, creating a hundred-fold increase in potential customers that Maverix is uniquely poised to serve.”

Researchers using the Maverix platform experience a simple, collaborative user environment that allows them to upload their own data, initiate their own analyses and put their results in context with other public and private data sources, according to the release.

Leveraging the power of open source analytic tools that previously have been available only to bioinformatics experts, researchers are able to immediately perform analyses with reliable, scientifically recommended configurations, as validated and cited in peer-reviewed journal publications. Visualization is provided through a variety of integrated graphical tools, including the University of California at Santa Cruz Genome Browser, the world’s most widely used genome browser, according to the release.

 

 

Tags: maverix, management, researchers, their, technology, asset,


Other stories from today:

 

 
Print this Page Print this Page  |  Bookmark and Share
<< Back
 
Return To Archives
 
  


 
 
 
Daily Journal Quick Poll
 
How will the World Series go?

Giants in four
Royals in four
Giants in five
Royals in five
Giants in six
Royals in six
Giants in seven
Royals in seven

 

 
 
 
 
 
 
National Weather Service warns of large waves, rip currents
The National Weather Service has issued a Beach Hazards Statement in effect today for parts of the c..
Suicide, car bombings in Iraq kill at least 43
BAGHDAD — Iraq's top Shiite cleric on Monday gave his support to the new government battling the I..
More >>  
 
 
  
 
  
 
©2014 San Mateo Daily Journal
San Mateo County order to show cause