uBiome was founded in 2012 on the promise of helping ordinary people understand the bacteria living in and on them, known as their microbiome.
The company eventually raised $105 million from investors and reached a valuation of $600 million.
In late April, the FBI searched uBiome’s office as part of an investigation.
By the end of June, the company’s top leadership and many of its board members had departed.
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The company morphed from citizen science project to venture-backed startup, taking in $105 million from investors and reaching a valuation of $600 million.See the rest of the story at Business Insider
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