Medtech startup Color Genomics secures $15m series A for genetic testing kits.
Color Genomics, a US-based medtech startup drawing on research from University of California San Francisco and University of Pennsylvania, has raised a $15m series A.
Khosla Ventures led the round, and Formation8 and executives from Cisco, Twitter, Eventbrite, Yahoo, PayPal, Dropbox, and Box all joined the round.
The company is offering genetic testing kits at $249, a fraction of the cost of current kits which cost anywhere between $1,000 to $4,000, and utilising spit kit tests to identify two genetic…
