Company Overview
Snapshot
Founded in July 2014 by Arik Keshet and Shabtai Shoval, Geneformics operates with 1–10 employees. The company has completed 2 funding rounds with 3 investors. In August 2017, Geneformics launched its scalable genomics data compression solution.
Business overview
Geneformics develops IT infrastructure solutions for genomics, focusing on improving the storage and sharing of genomics data. Its core technology utilizes compression and other methods to manage genomic data both on-premises and in the cloud. The company operates within the Health Tech & Life Sciences sector, specifically in Digital Healthcare and Clinical Workflow, serving markets that include healthcare providers, biotechnology, and academic researchers globally.
Strategic signal
In August 2017, Geneformics launched its scalable genomics data compression solution, a significant development aimed at accelerating the migration of precision medicine to the cloud. This indicates the company's focus on addressing critical data management challenges in the rapidly evolving genomics field, signaling its potential to enable more efficient and widespread adoption of genomic research and clinical applications.
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- When was Geneformics founded and by whom?
- Geneformics was founded in July 2014 by Arik Keshet and Shabtai Shoval.
- What is Geneformics' primary focus?
- Geneformics develops IT infrastructure solutions for genomics, specifically focusing on compression and other technologies to improve the storage and sharing of genomics data in both on-premises and cloud environments.
- What significant product launch did Geneformics announce in 2017?
- In August 2017, Geneformics launched its scalable genomics data compression solution, designed to accelerate the migration of precision medicine to the cloud.
- Which investors participated in Geneformics' September 2014 funding round?
- In September 2014, Geneformics received funding from iVentures Asia and Dov Moran.
- Which investors participated in Geneformics' December 2015 funding round?
- In December 2015, Geneformics received funding from Dov Moran and Heliant Ventures.