Carlsbad, CA – According to filings with the U.S. Securities and Exchange Commission, Iridia Inc. is raising $3,500,000.00 in new funding. Sources indicate as part of senior management President and Chief Executive Officer, Murali Prahalad played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Iridia Inc.

Iridia was established in 2016 to develop the world’s first commercially-attractive, DNA-based data storage solution. By combining DNA polymer synthesis technology, electronic nano-switches and semiconductor fabrication technologies, Iridia is developing a highly-parallel format to enable an array of nanomodules with the potential to store data at exceptionally high density.

To learn more about Iridia Inc., visit http://iridia.com/

Contact:
Murali Prahalad, President and Chief Executive Officer
760-991-4466
https://www.linkedin.com/in/muraliprahalad/

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