According to TC, Bina Technology , which once received venture investments in Google and Dropbox , has successfully raised another $ 6.5 million. Bina Technology divides the money into two parts, one part to expand the R & D department and the other to expand the business unit.
Bina Technology was founded in 2011, but the team opened in 2013. The members who make up the startup team are all very knowledgeable, all of them are Ph.Ds from Stanford University and the University of California, Berkeley, whose research interests are big data or bioinformatics. Yes, the team's goal is to integrate life science and computer science.
Bina Technology's main business is analyzing human gene sequences based on big data analytics, and their analytics will be available to downstream healthcare services providers such as research institutes, clinicians, and become a cornerstone of these downstream healthcare services.
In the past few years, there have been as many as 2,000 enterprises targeting the sequence analysis of human genes in the United States, and this figure may reach 8,500 in 2015. However, these companies are struggling with complex genetic data.
Including the more famous 23andme, gene analysis companies can collect information about the human gene sequence and then apply the analysis to infer which kind of diseases are more susceptible to different customers, but many of these data are not available. Bina Technology hopes to fill this gap and develop it into a platform and a database where the data they provide will be used as a basis for downstream organizations such as pharmaceutical companies, medical institutions and research universities to further understand the relationship between genetic variation and various The relationship between the illness.
As cloud storage becomes the mainstream data storage solution today, Bina is no exception in choosing cloud services as the storage medium for its large volumes of data. Gene information is very specific, it is the most private personal information, who do not know this information leakage may result in what kind of consequences. At present there is no cloud storage service providers can guarantee their own data storage services is absolutely safe, how to ensure the safety of information has become Bina had to face a major problem.
Currently Bina Technology has signed cooperation agreements with some medical research institutes, including the Stanford Institute of Genetics. Their research project calls for the analysis of hundreds of complete human genomes. Bina's service helps them to shorten the time span of up to several days to 5 hours; and Wisconsin Medical Center, which hopes every newborn born to them will receive a complete genetic analysis.
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