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23andMe ADN Corporation
23andMe, the startup widely known as the company whose founder is the wife of Sergey Brin, has plans to make the human genome searchable. Brin, along with Google, gave 23andMe $3.9 million as part of a series A in May of 2007. The company, cleverly named after the number of paired chromosomes in humans, wants to help you understand what your genes mean by indexing them and highlighting significant findings. 23andMe will allow its clients/users to better understand their ancestry, genealogy, and inherited traits. For researchers and scientist, the company could provide invaluable amounts of neatly categorized and easily searchable data.
To Web 2.0, the significance of this company lies in its ability to potentially allow Google to yet again index another facet of the world’s information. With the Biotech and Health Care industries growing rapidly, 23andMe could be Google’s entrance into these already multi-billion dollar areas
Investors
Our investors include Genentech, Google, and New Enterprise Associates (NEA)
NEA
New Enterprise Associates (NEA) is a leading venture capital firm focused on helping entrepreneurs create and build major new enterprises that use technology to improve the way we live, work and play. Since its founding in 1978, the firm has adhered to the same core principles: supporting its entrepreneurs, providing an excellent return to its limited partners, and operating in accordance with the highest standards of integrity and respect. NEA focuses on investments at all stages of a company's development, from seed stage through IPO. With approximately $8.5 billion in committed capital, NEA's experienced management team has invested in more than 550 companies, of which more than 160 have gone public and more than 230 have been acquired. NEA has U.S.-based offices in Baltimore, Maryland; Chevy Chase, Maryland; and Menlo Park, California. In addition, New Enterprise Associates (India) Pvt. Ltd. has an office in Bangalore, India and New Enterprise Associates (Beijing) Ltd. has offices in Beijing and Shanghai, China. For additional information, visit www.nea.com.
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