Ancestry.com launches DNA testing, gets $300M investment

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 resolve mysteries about their ancestors, i.e., find out for sure who they are and are not related to. This is smart, because it exploits peoples’ keen interest in their own… Continue Reading