Microsoft joined a consortium including existing investors GV and WuXi NextCode to take the biomedical data platform's overall financing to $105m.
US-based medical data storage platform developer DNAnexus completed a $58m financing round featuring internet technology group Alphabet, software provider Microsoft and genomic information supplier WuXi NextCode yesterday.
Investment firm Foresite Capital led the round, which included TPG Biotech, Claremont Creek Ventures and MidCap Financial, while Alphabet participated through its GV unit.
DNAnexus has built a machine learning-equipped network that stores genomics and other biomedical data sourced from large genomic and biomedical datasets, allowing it to be accessed and analysed by…
