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Bina Accelerates Growth with Fully Subscribed $8M Series B Round, Adds to Executive Team
Date:7/30/2013

analysis has quickly become a foundational asset in this new era of data-driven medicine,” said Yahoo! Inc. co-founder, Jerry Yang, who now heads AME Cloud Ventures. “We are proud to add Bina’s talented team to our list of portfolio companies and support them as they apply big-data innovations to accelerate the discovery of new therapies and insights for genetic diseases.”

“Genomic analysis paired with big data initiatives has the potential to transform medicine by improving the tools and techniques needed to access, organize, and make medical discoveries from huge volumes of DNA data,” said Mohsen Moazami, general partner at Columbus Nova Technology Partners. "At Columbus Nova, we believe Bina’s platform is extremely well-positioned to help drive that change by making a significant difference in terms of accuracy and speed for production-scale genomic analysis.”

Bina previously announced a $6.25M raise in late March led by Sierra Ventures.

Simultaneously, the company announced the addition of three experienced executives to further strengthen its senior management team. Sharon Barr will join the Bina team in mid-August as the Vice President of Engineering, Take Ogawa joined the company as Director of Field Sales, and Thomas Kanar joined the company as CFO.

Sharon Barr comes to Bina from Couchbase, a NoSQL database technology company based in Mountain View, CA, where he held the title of VP of Engineering. Prior to Couchbase, Barr was Director of Engineering at Yahoo! Inc. He holds a B.A. in Computer Science and Economics from Tel Aviv University and earned his MBA at San Jose State University.

Take Ogawa joined the company having held increasingly senior commercial roles at Complete Genomics, RainDance Technologies, Roche and Invitrogen.

Tom Kanar joins Bina from Autonet Mobile, where he served as CFO. Prior to that role, Kanar served as the CFO at Coapt Systems. Tom holds a B.A. in Accounting from Saint Vincent
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