23andMe Lands $22,000,000 Series C Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=69d9857e-1ac8-47f1-97f3-f4df5bbc86c9&Preview=1
Date
11/9/2010
Company Name
23andMe
Mailing Address
1390 Shorebird Way Mountain View, CA 94043
Company Description
23andMe is focused on empowering individuals to access, explore, and better understand their genetic information, making use of recent advances in DNA analysis technologies and proprietary web-based software tools.
Website
http://www.23andme.com
Transaction Type
Venture Equity
Transaction Amount
$22,000,000
Transaction Round
Series C
Proceeds Purposes
The new financing is designed to help the company expand its research and development.
M&A Terms
Venture Investor
Johnson & Johnson Development Corporation
Venture Investor
New Enterprise Associates
Venture Investor
Google Ventures