color genomics
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Google veteran Tony Wang joins 500 Startups as managing partner
San Francisco-based accelerator 500 Startups is expanding its executive team with the hiring of Tony Wang.
Wang is joining the early-stage firm from Color Genomics, a venture-backed developer of genetic testing kits where he had served as chief operating officer since 2014. Prior to Color, Wang was the vice president of global partnerships and development at Twitter and managing counsel for Google’s international operations.
“The venture capital world is undergoing a dramatic shift towards globalization where 500 Startups has been the leader and investing for the past decade,” Wang said in a statement. “There’s no question there are talented founders around the world, as proven by the number of unicorn companies in the 500 family.”
500 Startups, led by chief executive officer Christine Tsai, is an early investor in TalkDesk, Twilio, GitLab, Canva and several others.
Through its four-month seed program, the 500 Startups seed fund invests $150,000 in participating companies in exchange for 6% equity. Here’s a closer look at all the startups to finish 500 Startups’ latest program.
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Confirmed: Color Genomics is in the final stages of an $80 million Series C financing round
Genetic health screening startup Color Genomics has raised $52 million so far in what could end up totaling just over $81 million in equity financing, according to a recent SEC filing. Color is similar to other genetics startups in that it provides information to you based on the DNA given in a spit tube test. Read More
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Color Genomics raises $45 million to provide cheaper genetic tests that detect cancer risk
Othman Laraki and Elad Gil were sitting on Twitter’s roof deck after their previous company Mixer Labs had been acquired. Gil had brought a small hard drive with him — which happened to contain data on his genome being sequenced — and Laraki wanted to take a look at the data. That led to the original hypothesis of Color Genomics: what if you could apply the same principles… Read More
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Katie Jacobs Stanton has accepted the role of chief marketing officer at genomics startup Color. The former Twitter exec left her role at Twitter in February and considered a number of options before landing at the genetics services company.