Virginia Tech issued a press-release announcing the transformation of GenoCAD into a commercial product.

GenoCAD started as a NSF-funded research project. In 2010, we released the application open-source using the Apache 2.0 license. Open source licensing appeared to be the most favorable way of ensuring the long-term sustainability of this infrasture. After we created GenoFAB, LLC in 2014, we took the open source code base as a starting point to develop the next versions of GenoCAD.