23andMe Expands Round to $28 Million
Personalized genetics company 23andMe Inc. has closed out its Series B funding round with $27.78 million, according to a regulatory filing. The company had held an $11 million first close back in May, but at the time only planned to raise $24.26 million. This is the company co-founded by Anne Wojcicki, wife of Google co-founder Sergey Brin, which had raised around $9 million in Series A funding from Google, Genentech, New Enterprise Associates and Mohr Davidow Ventures. MDV later sold its small stake back to 23andMe, after investing in rival startup Navigenics. No word on what may, or may not, have happened to the Genentech piece.
24 December 2009•1 min read
