Stanford spin-out DNAnexus closes $15m series C for platform-as-a-service DNA management software.

DNAnexus, a spin-out of Stanford University, has secured $15m in its latest venture round for its platform-as-a-service (PaaS) DNA management software.

The series C round was co-led by venture firms First Round Capital, Claremont Creek Ventures, and the venturing units of internet giant Google and private investment firm TPG – Google Ventures and TPG Biotech, respectively.

The latest round bring the Palo Alto-based company’s total venture backing to $31.6m, which includes support from other backers including venture firms SoftTech VC,…

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