Wednesday, December 12, 2012

23andMe Decodes Another $50M

Mountain View-based 23andMe, the personalized genetics company led by Anne Wojcicki, said yesterday that it has received more than $50M in a new financing round. The round came from new investor Yuri Milner, and also included Sergey Brin, New Enterprise Associates, Google Ventures and MPM Capital. As part of the funding, 23andMe said it has lowered the pricing of its Personal Genome Service to $99.00. The new funding will go towards infrastructure, product development, genetic research, software development, and recruitment and marketing. More information »