DNAnexus raises $68M to advance its bioinformatics platform

DNAnexus Inc. (Mountain View, Calif.) raised $68 million in a financing that will enable the bioinformatics company to advance its DNAnexus Apollo platform.

DNAnexus launched the cloud-based platform in October. It provides users access to tools and data sets through the company's global network for multi-omics and clinical data exploration, analysis and discovery. DNAnexus said the platform can accelerate and support the identification of drug targets and markers of disease progression and drug response...