Google Invests Another $2.6M in DNA Analysis Firm 23andMe

Authored by Mark Hefflinger on June 19, 2009 - 9:58am.

Mountain View, Calif. - Google (NASD: GOOG) revealed in a regulatory filing that it has invested another $2.6 million in 23andMe, a developer of DNA analysis technologies co-founded by Anne Wojcicki, the wife of Google co-founder Sergey Brin.

Google also had previously invested $3.9 million in the company in May 2007, and purchased an additional $500,000 stake in the company from another investor in November of that year.

Other investors, including New Enterprise Associates, also took part in 23andMe's latest funding round.

Google also entered into a lease agreement with the company earlier this month.

Founded in 2006 by Linda Avey and Wojcicki, 23andMe offers services designed to help people learn more about their personal ancestry, genealogy and inherited traits through DNA analysis technologies and Web-based interactive tools.

Related Links:
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https://www.23andme.com