23andMe has filed for bankruptcy, says customer data is safe

Genetic Testing Company 23andme Fired For Seconly 11 Smincumptcy Protection to help $ 50 million sell himself, the company announced on Sunday.

23andme’s Saliva-based collections He has helped customers learn about their ancestors since 2006, and the company said that it would continue to operate, while the bankruptcy court facilitates the sales process.

The news about the place has worried about how many million 23andme customers will be treated.

California Prosecutor General Gerbb Bonta issued a “Awake of Consumer” As for “sensitive consumer data, 23andme”, reminding Californians, they have the right to manage the company to erase their genetic data and cancel the genetic data permission.

“The company’s stores, management or protect customer databases,” said 23andme in the media.

This is what no one can happen after taking a DNA test

The company’s representative shows what DNA outfit in 23and booth, Salt Lake City, in the city of Salt Lake City, 2019 February 28. (George Frey / Reuters)

The company has experienced excitement in recent years. In November last year, 23andme said it reduced its headband by 40% or more than 200 employees.

Co-founder and CEO of Vojcik resigned after many failed achievements, Reuters reports, but He said in X That he did it. “So I can be in the best position to pursue the company as an independent applicant.”

23andme reduces 40% of his workforce

Those present go to DNA collections at 23andme Booth during the Organic Organic Event in the city of Utah Salt Lake City on February 28, 2019. (George Frey / Reuters)

Wojcicki will replace CFO Joe Selsavage on an intermediate basis.

23andme said it provides a debtor (DIP) funding liability for about $ 35 million and expects to continue to operate in the process of sales. It didn’t say whether it had any other purchase interest or suggestion.

It listed both assets and estimated liabilities from $ 100 million to $ 500 million.

One month before its reorganization, 23andme agreed to pay $ 30 million and conduct three-year security monitoring to solve a trial of 6.9 million customers. Data violation In 2023.

Those present contacts 23andme boothy pavilion in Salt city of Salt, on February 28, 2019. (George Frey / Reuters)

“We want to thank our employees for devotion to the 23andme mission,” the statement said a member of the Jensen chair and the Special Committee of the Board of Directors. “We must support them because we are through the process.”

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“Besides, we must continue to maintain customer’s data and transparent to the user’s data management management, and the confidentiality of the data is important in any possible transaction,” he said.

Aislinn Murphy and Reuters have contributed to this report.