Austin Startup Lab7 Systems Raises $500,000

Austin-based startup Lab 7 Systems has completed a $500,000 round of financing. The financing comes from 16 investors, and comes shortly after Lab 7 had completed an additional round of financing in January.

Founded in 2011, the company develops scientific workflow management and analytics software for the genome sequencing market. Currently the company employs seven workers. Although there are no details on what the company plans to do with the financing, the company is preparing their software for a trade show debut in April.

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