Marriage or merger?
Posted on May 24, 2007
Filed Under Venture News |
23andMe, a biotech startup allowing consumers to search their genome, raised undisclosed amount in Series A financing round from Google, New Enterprise Associates, Mohr Davidow Ventures and Genentech.
Tabloids would love it - Anne Wojcicki, co-founder of 23andMe, is married to Sergey Brin, Google’s co-founder. Now they are one big happy family - Google and 23andMe, Sergey and Anne. Google indicated in its SEC filing that it has invested $3.9 million in 23andMe, beyond that very little is known about 23andme.
My personal belief is that this deal is more about Sergey’s keen business sense than about personal relationship. Genome search is well posed to become next big thing for decades, and affiliation with Google is a marriage made in heaven when it comes to search.
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