Friday, January 7, 2011

Johnson & Johnson Leads $9 Million Investment In Personal Genetics Startup 23andMe

23andMe, the personal genetics company co-founded by Anne Wojcicki, Google co-founder Sergey Brin's spouse, has raised $9 million more in funding, adding to the company's $22 million C round announced last November. This round of funding comes from MPM Capital and Johnson & Johnson Development Corp. MPM Capital Managing Director Ashley Ledbetter Dombkowski will be joining 23andMe's Board of Directors. This brings the company's total funding to nearly $54 million. 23andMe, which was founded in 2006, aims to help individuals understand their own genetic information through DNA analysis technologies and Web-based interactive tools. DNA analysis helps participants find information about their ancestry and their risks of getting certain diseases (Michael has tried the service).

Amanda Righetti Michelle Branch Melissa Howard Samantha Mumba Busy Philipps

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