Press Releases

23andMe, Inc. Completes Series A Financing

MOUNTAIN VIEW, Calif. — May 22, 2007 – 23andMe, Inc., a privately held, early stage personal genetics company today announced it had closed its Series A Preferred Stock Financing, which included investments from, among others, Genentech, Inc., Google Inc., MDV-Mohr Davidow Ventures and New Enterprise Associates.

Terms of the financing were not disclosed.

“Achieving this significant funding milestone enables us to move forward with our core mission of connecting people with their genetic information,” said Linda Avey, co-founder of 23andMe. “We are thrilled and honored to have attracted the backing of such a diverse, proven and innovative group of investors.”

23andMe 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. The company currently plans to launch by the end of the year and will provide more information at that time.

“Our goal is to allow individuals to gain deeper insights into their ancestry, genealogy and inherited traits and, ultimately, the option to work together to advance the overall understanding of the human genome,” said Anne Wojcicki, co-founder.

The company is being advised by a group of renowned experts in the fields of human genetics, genomics, bio-ethics, and bioinformatics.

23andMe, Inc was founded by Ms. Avey and Ms. Wojcicki in 2006 and is located in Mountain View, California. More information is available at

About 23andMe

23andMe, Inc. is the leading personal genetics company. Founded in 2006, the mission of the company is to help people access, understand and benefit from the human genome. 23andMe has more than one million customers worldwide, with over 80 percent consented to participate in research. 23andMe, Inc. is located in Mountain View, CA. More information is available at

Media Contact(s)

Paul Kranhold
Matt Benson
Sard Verbinnen
(415) 618-8750

Return to top