Tuesday, June 23, 2009

google invested 3.9M in one of the startups founded by one of Google's Founder's Wife

http://blogs.zdnet.com/BTL/?p=5123

Google said today in an SEC filing that it has invested $3.9 million in 23andMe, a biotech startup that’s focused on allowing consumers to search their genome.

23andMe just closed its series A round of funding. The startup’s funding round included Google, New Enterprise Associates, Mohr Davidow Ventures and Genentech. 23andMe says it is “focused on empowering individuals to access, explore, share and better understand their genetic information, making use of recent advances in DNA analysis technologies and proprietary web-based software tools.”

In its filing, Google also noted that Anne Wojcicki is a co-founder of 23andMe and is a member of the board of directors. Wojcicki is married to Sergey Brin, Google’s president of technology and company co-founder.

HP: Brings new meaning the the term:" Financial Affinity "

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