Thursday, October 4, 2007

23andMe Is look Good For Funding VCs

What Company Is All About:
23andMe is a privately held company developing new ways to help you make sense of your own genetic information.

Even though your body contains trillions of copies of your genome, you've likely never read any of it. Our goal is to connect you to the 23 paired volumes of your own genetic blueprint (plus your mitochondrial DNA), bringing you personal insight into ancestry, genealogy, and inherited traits. By connecting you to others, we can also help put your genome into the larger context of human commonality and diversity.

23andMe a company that makes tools for learning about your genetic information. The company is best known as being founded by the wife of Sergey Brin, Google’s co-founder. Google drew some scrutiny earlier this year when they used $3.6 million of company funds to invest in 23andMe.

How Much They Got From VCs:
They raised an additional $9 million in funding.
Aside from Google, other investors include Mohr Davidow Ventures, New Enterprise Associates, and mega biotech company Genentech.
More at:http://www.23andme.com/

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