Genetics testing company 23andMe has formally announced that Sequoia Capital is leading an investment round in the company. This confirms the news we broke last week.
The press release says that the final amount was $250 million and that Sequoia’s Roelof Botha will be taking a board seat. Others participating in the round include new investors Euclidean Capital, Altimeter Capital and the Wallenberg Foundation. Existing investors also joined, including Fidelity Management and Casdin Capital. 23andMe has raised $491 million to date. [ Tech Crunch ]