Illumina, Warburg Pincus, Sutter Hill Ventures Form Helix With $100M+ in Financing Commitments

Illumina, Inc.

, Warburg Pincus and Sutter Hill Ventures announced today that they have formed a company to empower consumers to discover insights into their own genomes through a vibrant ecosystem of high-quality content partners. The company, called Helix, is based in the San Francisco Bay Area and received financing commitments in excess of $100 million. Jay Flatley, CEO of Illumina, will serve as Chairman of the Board. Helix will enable individuals to acquire an unprecedented amount of genetic information by providing affordable sequencing and database services for consumer samples brought through third party partners, driving the creation of an ecosystem of consumer applications. After being sequenced, individuals will be able to manage their