Real Time Genomics launches today with $3 million of an anticipated $4 million first round of funding from Catamount Ventures. Based in San Francisco, the company is an American subsidiary of New Zealand-headquartered software maker NetValue, which produces a data aggregation and query program called SLIM SearchTM. The package is particularly applicable to the complex datasets associated with genomes, the company says. Real Time’s use of the software will help NetValue establish a toehold in the global market.

In addition SLIM Search, NetValue also makes programs InterSpeed and SitesOnline for web site development and hosting, and a domain name wholesale service called WebAddress.