Home DNA test unicorn 23andMe raises nearly $85M

Home genetics testing company 23andMe Inc. raised nearly $85 million this month, according to a regulatory filing last week. A spokesperson for the Sunnyvale unicorn said the round was co-led by Sequoia Capital and NewView Capital and that the financing would be used for general corporate purposes. The new capital comes at the end of a year that CEO Anne Wojcicki started by cutting about 100 jobs in January due declining demand for her company's genetic tests. “This has been slow and painful…

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