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Personal Genetics Startup 23andMe Raises $22 Million More From Google, Others

November 9th, 2010 11:14 admin Leave a comment Go to comments

23andMe, the personal genetics company co-founded by Anne Wojcicki, Google co-founder Sergey Brin‘s spouse, has raised $22 million in its third round of financing. The Series C round was led by Johnson & Johnson Development Corporation, with current investors participating – including New Enterprise Associates and Google Ventures.

23andMe, which was founded in 2006, aims to help individuals understand their own genetic information through DNA analysis technologies and Web-based interactive tools. The company’s Personal Genome Service enables individuals to gain insights into their ancestry and inherited traits.

Wojcicki briefly commented on the funding round thusly:

“We believe this round of financing will help us achieve our goal of dramatically accelerating the pace of research and could ultimately make health care research and health care delivery more efficient.”

Source: Personal Genetics Startup 23andMe Raises $22 Million More From Google, Others

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