Genetic testing company 23andMe has raised $28 million in Series B according to a company regulatory filing. The company raised $11 million of the Series B round of funding back in May and raised the rest of it recently.  The company initially planned to raised $24.26 million.  23andMe was founded by Anne Wojcicki and Linda Avey.  Avey recently quit the company but remained on the board of directors. 23andMe’s Series A round of funding was provided by Google, Genentech, Mohr Davidow Ventures (MDV), and New Enterprise Associates.  MDV sold their stake back to 23andMe and invested in another rival company called Navigenics.

Kakai is a stealth company that was started by Chegg founder Osman Rashid and Babur Habib.  Interestingly Kakai is still in stealth and raised a Series B round of funding already.  The second round is $7.5 million and the investors include venture capital firm Andreessen Horowitz, Josh Kopelman, and Ron Conway. Marc Andreessen is joining Kakai’s board of directors as a result of the funding.

Kakai’s previously raised $1.85 million in Series A from Osman Rashid and Mike Maples.  Rumor has it that Kakai has something to do with electronic readers.  The portable consumer electronics products made by Kakai will be Linux-based.  Kakai currently has about 40 employees. Rashid’s other company Chegg.com has about $144 million in funding and was started in 2005.

Jack Selby is a former PayPal executive that is now a managing director and a co-founder of Clarium Capital.  Now he has formed his own digital production and distribution film venture called Horsethief Pictures.  He founded the production company with Tiller Russell and Duncan Montgomery.  The first film to be put together by Horsethief Pictures is called The Last Rites Of Ransom Pride.  The stars of The Last Rites include Jason Priestly, Dwight Yoakam, Scott Speedman, and Lizzy Caplan.

This film is being financed by Selby and several private equity partners.  The project will be released on the Internet starting next spring.  Most of the movies that Horsethief puts together will be marketed using viral techniques on the Internet.

Some of the other projects being put together by Horsethief includes movies such as Black Weasel and Blade Runner.  Russell will also write and direct a comedy called House of Pies.

Facebook Chief Operating Officer Sheryl Sandberg has joined The Walt Disney Company (NYSE:DIS) board of directors. Disney Chairman John Pepper said that Sandberg’s experience in online properties will add value to the Disney Board of Directors.  Sandberg will also become the youngest member of the board of directors.  The average age of the Disney Board of Directors is 59.5 and she is 40 years old.  Disney has 12 members in the Board of Directors including Apple CEO Steve Jobs.

“Sheryl has been at the forefront of a technological revolution that’s opened up a world of new possibilities for consumers and which has greatly affected the way we do business,” stated Disney President and CEO Robert A. Iger. “Her unique insight, born of great practical experience, will be of considerable value to Disney’s shareholders.”

Sandberg also serves as a Director of Starbucks Corporation, The Brookings Institution, the AdCouncil, Women for Women International and V-Day.  Sandberg received a Master’s degree from Harvard Business School and a Bachelor’s degree in economics from Harvard.  She previously worked for Google, McKinsey, and The World Bank.

Below is the full press release:

ChaCha is a human-powered mobile service that has just raised $7 million in funding, bringing the total funding to $70 million.  ChaCha has about 70 employees and was co-founded by Brad Bostic and Scott Jones.  Bostic left this past May.  ChaCha human search guides are paid about $0.10 to $0.20.  Investors in ChaCha include Scott Jones, Morton Meyerson, Simon Properties, Indiana’s 21st Century Technology Fund, Jeff Bezos, and Bezos Expeditions.  ChaCha hits about 9 million unique visitors per month to its website and mobile page.

Twitter has acquired Mixer Labs, the parent company of GeoAPI.com. GeoAPI is a company that allows developers to add geolocation information to applications. Twitter launched a geotagging API several weeks ago, but only a few number of mobile and desktop applications utilize the feature.

“We will be looking at how to integrate the work Mixer Labs has done with the Twitter API in useful ways that give developers behind geo-enabled apps like Birdfeed, Seesmic Web, Foursquare, Gowalla, Twidroid, Twittelator Pro and others powerful new possibilities,” stated Twitter co-founder Evan Williams.

GeoAPI.com’s database includes a reverse geocoder which has access to 16 million businesses and tens and thousands of POIs.  The company also recently built an iPhone SDK.

Mitel Networks Corporation has filed for a $230 million IPO. Mitel provides communication services to small and medium sized businesses. Mitel plans to use the money made from the IPO to reduce their debts.

Mitel will have the largest IPO in Ottawa. The details about the pricing terms are unknown. Mitel had revenues of $735.1 million in 2009. In the year before, Mitel had had revenues of $692 million. The company has not been profitable since becoming incorporated since 2001.

Bank of America, JP Morgan, and UBS are the investment companies underwriting the IPO. This is the second attempt that Mitel is making to go public.

WePay, a startup where groups of people manage financial accounts has just raised $1.65 million in their first round of funding. August Capital and several angel investors were involved in the WePay funding. WePay can be used for invoice production, money collection, and transaction management.

WePay was founded by Boston College students Bill Clerico and Rich Alberman. The company has been moved to Silicon Valley ever since and has moved into Palo Alto’s University Avenue where Facebook used to be based. Interestingly WePay’s founders had a hard time finding funding out in Boston. The investors in Boston said that they were too much in the early stages. Y Combinator ended up accepting WePay.

WePay makes money by taking 3.5% from every transaction, similar to the PayPal business model. WePay is starting by partnering with small companies and professional groups. Some of the angel investors include Max Levchin (PayPal co-founder), Paul Buccheit, Ron Conway, Mark Goines, Angus Davis, Andrew McCollum, and Joe Campanelli.