NEW YORK (GenomeWeb) – Karius has raised $50 million in a Series A financing round led by Data Collective and Lightspeed Venture Partners. New investors Tencent and Khosla Ventures, as well as existing investors Innovation Endeavors and Spectrum 28, also participated.

The Redwood City, California-based firm, which spun out from Stanford University in 2014, said it plans to use the funding to support new and ongoing clinical trials, scale up its laboratory capacity, and help commercialize its infectious disease test.

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