23andMe, Inc. Raises More Than $22 Million in Series C Financing

MOUNTAIN VIEW, Calif., Nov. 9, 2010 /PRNewswire/ -- 23andMe, Inc., a leading personal genetics company, announced today the closing of its Series C financing. The company raised a total of more than $22 million of funding from a new investor, Johnson & Johnson Development Corporation, and current investors -- including New Enterprise Associates and Google Ventures.

“We believe this round of financing will help us achieve our goal of dramatically accelerating the pace of research and could ultimately make health care research and health care delivery more efficient,” said Anne Wojcicki, chief executive officer of 23andMe.

23andMe is actively recruiting for several key positions within the company. Available positions are listed on the company’s website at https://www.23andme.com/about/jobs

This press release does not constitute or form part of, and should not be construed as an offer or an invitation to sell or issue, or the solicitation of any offer to buy or subscribe for, any securities.

About 23andMe

23andMe, Inc. is a leading personal genetics company dedicated to helping individuals understand their own genetic information through DNA analysis technologies and web-based interactive tools. The company’s Personal Genome Service enables individuals to gain deeper insights into their ancestry and inherited traits. The vision for 23andMe is to personalize healthcare by making and supporting meaningful discoveries through genetic research. 23andMe, Inc., was founded in 2006, and the company is advised by a group of renowned experts in the fields of human genetics, bioinformatics and computer science. More information is available at www.23andme.com.

SOURCE 23andMe, Inc.

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