Wednesday
April
23
2014
3:41 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:

Four inmates heading back to school
Hillsborough home burglarized
City works on ordinance for preservation: Burlingame residents would voluntarily receive historic designations, tax assistance
 

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


 
 
 
Daily Journal Quick Poll
 
What do you think of the Warriors' proposal to move to Mission Bay?

Smart, a better location
Still like the waterfront arena concept
Wish they would stay in Oakland
Anywhere in San Francisco is good
How about the Burlingame waterfront?

 

 
Tabbed Structure - Regular
 
 
 
 
 
 
Apple increases stock buyback, will split stock
CUPERTINO — Apple plans to buy back an additional $30 billion of its stock, raise its quarterly di..
Facebook 1Q results soar; CFO to step down
NEW YORK — Facebook’s earnings nearly tripled and revenue grew sharply in the first quarter, sur..
First lady announcing one-stop job site for vets
WASHINGTON — Aiming to streamline employment resources for people leaving the military, the govern..
South Korea ferry toll hits 156 as search gets tougher
JINDO, South Korea — As the 156th body was pulled from waters where the ferry Sewol sank a week ag..
Michigan man among first in U.S. to get 'bionic eye'
ANN ARBOR, Mich. — A degenerative eye disease slowly robbed Roger Pontz of his vision. Diagnose..
More >>  
 
 
  
 
  
 
©2014 San Mateo Daily Journal
San Mateo County order to show cause