Navigation Links
Tute Genomics Raises $1.5M for Cloud-based Genome Analytics & Machine-learning for Gene Discovery
Date:12/31/2013

SALT LAKE CITY, Dec. 31, 2013 /PRNewswire-iReach/ -- Tute Genomics announced that it has raised $1.5 million in Seed Round funding to further develop its advanced genome analysis software, allowing researchers to rapidly discover novel disease genes & identify predictive biomarkers. Investors in this round include Wilmington Pharmatech, Salt Lake Life Sciences Angels, Peak Ventures, Park City Angel Network, and a number of individual angel investors. Tute Genomics participated in the BoomStartup accelerator program in Utah this year, and subsequently raised the most funds of any company in BoomStartup's history. Additionally, Tute raised approximately $300K from AngelList, via their new Syndicate mechanism.

(Photo: http://photos.prnewswire.com/prnh/20131231/MN39256)

"The cost of sequencing the human genome has dropped significantly in recent years, making it possible for whole genomes and exomes to be used in both clinical and research settings," says Reid J. Robison, MD MBA, a physician turned data-scientist and CEO of Tute Genomics. "However, data analysis remains as the major hurdle before widespread adoption and individualized medicine can become a reality." Tute's cloud-based genome interpretation platform is derived from the expertise underlying the ANNOVAR technology, one of the gold standards in genome annotation & interpretation. ANNOVAR, written by Tute Genomics President Dr. Kai Wang, has been cited by over 500 scientific publications, and has been used in more gene discovery studies than any other platform.  Building on this foundation, Tute now includes over 90 annotation types, scoring methods and genetic databases, and through an innovative cloud-computing pipeline, lets healthcare & research organizations interpret an entire human genome in less than 15 minutes, and a whole exome in less than 5 minutes. Tute also applies robust statistical models, allowing researchers to conduct large-scale case-control and family-based studies using whole genomes and exomes. Tute Genomics software uses proprietary machine-learning algorithms to rapidly prioritize clinically relevant genetic variants, genes and pathways resulting in improved performance of disease gene & biomarker discovery efforts.

Tute has over 100 registered users across a number of research and clinical institutions, including academic medical centers, CLIA labs and pharma/biotech companies, and has analyzed over 500 genomes since its launch in October 2013. With this successful round of funding, Tute Genomics is opening a new door for personalized medicine by enabling researchers and clinicians to utilize human genome data for scientific discovery and individualized treatment.

Media Contact: Lynn Dakoulas-Dobias, Tute Genomics, 801-710-4035, lynn@tutegenomics.com

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

 


'/>"/>
SOURCE Tute Genomics
Copyright©2012 PR Newswire.
All rights reserved

Related biology technology :

1. Synthetic Genomics Inc. Hires Industry Leader George E. Stagnitti to Head Food and Nutritional Products Development Program
2. New England Biolabs Signs Agreement with Synthetic Genomics Inc. to Launch Gibson Assembly™ Master Mix for Molecular and Synthetic Biology Applications
3. Rubicon Genomics and Agendia Sign Agreement for Use of TransPLEX® Whole Genome RNA Amplification Technology With Symphony™ Cancer Diagnostics
4. Synthetic Genomics Inc. Purchases 81 Acre Site in South California Desert for Scale up and Testing of Innovative Algae Strains
5. Rosetta Genomics Pays Off Secured Loan and Reclaims Unencumbered Rights to All Assets
6. First Plant Genomics Yield Technology Progresses
7. Rosetta Genomics Announces Closing of Public Offering of 5.5 Million Ordinary Shares
8. Rosetta Genomics Receives 2012 North American Entrepreneurial Company of the Year Award by Frost & Sullivan
9. Rosetta Genomics Expands Management Team, Laboratory Capacities and Commercial Operations
10. Epigenomics, Present and Future Applications for Pharmaceuticals and Diagnostics: Twease.org
11. Synthetic Genomics Inc. Purchases Patent Portfolio from Febit Holding GmbH
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/19/2017)... (PRWEB) , ... January 18, 2017 , ... ... for tech innovators, engineers, and scientists from around the world, was today awarded ... The awards program is based entirely on merit and decided upon by a ...
(Date:1/19/2017)... 18, 2017 Acupath Laboratories, Inc., a leading ... of an Executive Committee that will guide the company,s ... John Cucci , a 15-year veteran of the ... Business Development to Chief Sales Officer .  Prior ... in senior sales leadership roles at several leading lab ...
(Date:1/18/2017)... 2017 Applied BioMath ( www.appliedbiomath.com ), ... research and development, today announced that Dr. ... of Applied BioMath, will present at the next ... Meeting on Thursday January 19, 2017 at the ... MA.   Dr. Burke,s talk "Quantitative Modeling and Simulation ...
(Date:1/18/2017)... , ... January 18, 2017 , ... ... federally funded bio-focused Manufacturing Innovation Institutes (MII). U.S. Secretary of Commerce Penny Pritzker ... Biopharmaceuticals (NIIMBL), and the Department of Defense has announced the award of a ...
Breaking Biology Technology:
(Date:12/22/2016)... 20, 2016  As part of its longstanding mission to ... genetics company, recently released its latest children,s book, titled ... focuses on the topics of inheritance and variation of traits ... taught in elementary school classrooms in the US. ... illustrator Ariana Killoran , whose previous book with 23andMe, ...
(Date:12/16/2016)... 2016   IdentyTechSolutions America LLC , a ... solutions and a cutting-edge manufacturer of software and ... offering seamless, integrated solutions that comprise IDT biometric ... solutions provide IdentyTech,s customers with combined physical identification ... crime and theft. "We are proud ...
(Date:12/15/2016)... 2016 ... Research and Markets has announced the addition of the ... The report forecasts the global military biometrics market to grow at ... report has been prepared based on an in-depth market analysis with inputs ... prospects over the coming years. The report also includes a discussion of ...
Breaking Biology News(10 mins):