Genetics Start-up 23andMe Inks $22 Million In Series C

Personal genetics company 23andMe has raised $22 million in a third round of venture capital financing. New investor Johnson & Johnson Development Corporation contributed, as did existing investors New Enterprise Associates and Google Ventures. Formed in 2006, Mountain View, Calif.-based 23andMe was co-founded Anne Wojcicki, the wife of Google founder Sergey Brin. The company provides genetic information services by analyzing customers’ DNA. The new financing is designed to help the company expand its research and development.

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