Strand Genomics completes first round financing

Sept. 23, 2002 — Strand Genomics Pvt Ltd, a Bangalore, India, developer of software for microarray data analysis and other biotechnology applications, has received $4.6 million in a first round of funding, according to a news release. WestBridge Capital Partners led the round. UTI Ventures and other unnamed investors also participated.

Strand was founded by a group of computer scientists from the Indian Institute of Science in Bangalore. The company’s goal is to accelerate drug discovery and development.

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