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23andMe Raises $28 Million In Series B

17 hours ago ago from iTech News Daily

Genetic testing company 23andMe has raised $28 million in Series B according to a company regulatory filing. The company raised $11 million of the Series B round of funding back in May and raised the rest of it recently.  The company initially planned to raised $24.26 million.  23andMe was founded by Anne Wojcicki and Linda Avey.  Avey recently quit the company but remained on the board of directors. 23andMe's Series A round of funding was ...

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Kakai Raises $7.5 Million From Andreessen Horowitz, Josh Kopelman, and Ron Conway

17 hours ago ago from iTech News Daily

Kakai is a stealth company that was started by Chegg founder Osman Rashid and Babur Habib.  Interestingly Kakai is still in stealth and raised a Series B round of funding already.  The second round is $7.5 million and the investors include venture capital firm Andreessen Horowitz, Josh Kopelman, and Ron Conway. Marc Andreessen is joining Kakai's board of directors as a result of the funding. Kakai's previously raised $1.85 million in ...

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