|By Marketwired .||
|August 6, 2014 11:25 AM EDT||
TORONTO, ON -- (Marketwired) -- 08/06/14 -- Healthcare startup Figure 1 announced today that it has closed a USD 4 million Series A funding round led by Union Square Ventures.
Figure 1 is a mobile-first network of healthcare professionals who use it to share and discuss medical images and other content. It is used by more than 125,000 healthcare professionals at thousands of hospitals, and has medical and nursing student ambassadors at 200 schools including the Johns Hopkins University School of Medicine, the University of Pennsylvania School of Medicine, and Columbia University Medical Center. One hundred million images have been viewed on the platform since its launch in May 2013. Every day, Figure 1's medical images are viewed close to a million times.
Union Square Ventures was an early investor in Twitter, Tumblr, Zynga, and Kickstarter. Version One Ventures and Rho Canada Ventures, who co-led Figure 1's seed round in the fall of 2013, also participated in this round.
"We are laser-focused on making Figure 1 indispensable for healthcare professionals -- and these new resources will be 100% dedicated to this mission," said Gregory Levey, Figure 1 CEO. "In USV, we have investors who have a long-term and product-focused view of the world, which is why we're thrilled to work with them."
Andy Weissman, Partner at Union Square Ventures, will join Figure 1's Board of Directors, as will Boris Wertz, Founder and General Partner at Version One Ventures. Zen Chu (Founder of Accelerated Medical Ventures and Faculty Director at MIT's HackingMedicine) will join as an independent director, bringing his extensive domain knowledge and relationships in healthcare. Roger Chabra, General Partner at Rho Canada Ventures, will continue as a board observer.
A new angel investor in this round is Jevon MacDonald, Co-Founder of GoInstant and StartupNorth. He joins Figure 1's other angel investors, which include Chu, Matt Wyndowe (Former Director of Business Development at Facebook), and Daniel Debow (Co-Founder of Rypple).
The startup is looking to hire for a variety of roles to grow its Toronto-based team. To learn more visit www.figure1.com or follow @figure1 on Twitter.
@DevOpsSummit has been named the ‘Top DevOps Influencer' by iTrend. iTrend processes millions of conversations, tweets, interactions, news articles, press releases, blog posts - and extract meaning form them and analyzes mobile and desktop software platforms used to communicate, various metadata (such as geo location), and automation tools. In overall placement, @DevOpsSummit ranked as the number one ‘DevOps Influencer' followed by @CloudExpo at third, and @MicroservicesE at 24th.
Oct. 23, 2016 04:00 AM EDT Reads: 3,912
Oct. 23, 2016 03:45 AM EDT Reads: 3,299
Oct. 23, 2016 03:45 AM EDT Reads: 1,682
Oct. 23, 2016 03:30 AM EDT Reads: 1,437
Oct. 23, 2016 03:30 AM EDT Reads: 2,944
Oct. 23, 2016 03:00 AM EDT Reads: 1,270
Oct. 23, 2016 02:30 AM EDT Reads: 939
Oct. 23, 2016 02:30 AM EDT Reads: 9,644
Oct. 23, 2016 02:30 AM EDT Reads: 843
Oct. 23, 2016 02:15 AM EDT Reads: 988
Oct. 23, 2016 02:15 AM EDT Reads: 600
Oct. 23, 2016 02:00 AM EDT Reads: 10,957
Oct. 23, 2016 01:45 AM EDT Reads: 716
Oct. 23, 2016 01:45 AM EDT Reads: 3,815
Cloud based infrastructure deployment is becoming more and more appealing to customers, from Fortune 500 companies to SMEs due to its pay-as-you-go model. Enterprise storage vendors are able to reach out to these customers by integrating in cloud based deployments; this needs adaptability and interoperability of the products confirming to cloud standards such as OpenStack, CloudStack, or Azure. As compared to off the shelf commodity storage, enterprise storages by its reliability, high-availabil...
Oct. 23, 2016 01:30 AM EDT Reads: 1,034