Iridia Revenue and Competitors

Iridia is an emerging San Diego company developing long-term high-density data storage technology based on DNA. The need for a new, higher-density, less-costly, more-stable data storage solution is acute; Worldwide, data is being generated at a rate much faster than it can be stored. This deficit is accelerating such that, by 2020, it is estimated there will be a 7.5 zettabytes (7.5 trillion gigabytes) gap of available data storage medium. That's about two billion large hard drives worth of data! This gap will continue to grow until a technological leap in data-storage technology occurs. 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.