The company, based at the ideaSpace West site, will develop software that utilises its technology in a new project named PetaGene, backed by Innovate UK, the UK’s innovation agency (formerly the Technology Strategy Board) as part of its Smart programme. They are working in collaboration with the European Bioinformatics Institute (EMBL-EBI) to address problems in big data genomics.
Rapid advances in technology have resulted in a reduction in the cost of sequencing a person’s genome by a factor of 10,000 over the past decade. The resulting genomics data volumes pose enormous challenges in terms of storage cost and computational efficiency.
PetaGene addresses challenges in storage and in cluster/cloud computational efficiency in a manner that will be simple to use, transparent and empowering for researchers. It will be a readily deployed software solution that works on top of existing storage infrastructure, with the potential to improve the performance of big data genomics experiments by an order of magnitude, resulting in more genuine discoveries and leading to better clinical diagnostics and treatments.
PetaGene will reduce resource usage and the cost of building new bioinformatics pipelines for services and routine analysis. It has the potential to bring faster and easier access to bigger scales of datasets that will facilitate more efficient genomics research and analysis.
Fonleap was founded by Dan Greenfield and Alban Rrustemi, who met as computer science PhD students at the University of Cambridge, to address the storage needs of businesses. Fonleap’s core IP is called Storleap, bringing advanced, next-generation storage and synchronization technologies to existing IT infrastructure.
For more information on Storleap visit www.storleap.com.