Roundup: Ancestry IPO, exec pay cap in Congress, Verizon’s sub-$99 smartphones
Ancestry.com files for a $75 million IPO – The company, which traces its roots back to Ancestry Magazine and 1983, has collected nearly $400 million to date — $95 in investment rounds, and another $300 million from the sale of a majority stake to Spectrum Equity… Continue Reading
Genetic genealogy hits the big time
No question about it, genetic genealogy — the hobby of using genetic tests to trace your ancestry and, in some cases, to locate previously unknown relatives — is hot these days. Today, of course, brought the news that Ancestry.com, a genealogy Web site that lets… Continue Reading
Ancestry.com launches DNA testing, gets $300M investment
updated
The Generations Network, operator of Ancestry.com has just received $300 million from Spectrum Equity Investors, a Silicon Valley buyout firm, which will take a majority stake in the company.
Ancestry.com has also just launched DNA testing of its 5 billion records, so that family members can… Continue Reading