23andMe Raises $50M+ In New Financing

[Techtaffy Newsdesk]

Personal genetics company 23andMe has raised more than $50 million in a Series D financing. Participants in the financing include DST Global’s Yuri Milner, a new investor, as well as existing investors Sergey Brin, 23andMe CEO Anne Wojcicki, New Enterprise Associates, Google Ventures and MPM Capital.

23andMe, which currently has more than 180,000 customers, says the funding will help the company achieve its growth goal of one million customers.

The company is reducing the price of its Personal Genome Service to $99 (from $299), as a happy result of declining testing costs, as well as the new funding.


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