Red Herring

THE BUSINESS OF TECHNOLOGY

  • Startups
  • Mobile
  • Enterprise
  • Consumer
  • Social
  • Events

Healthcare companies attract major backers – Investment Round Up

January 10, 2014

Series B

A multitude of investors have injected a total of $52 million into Atara Biotherapeutics’ Series B round, which closed for the second time today. Among those who backed the California company were Kleiner Perkins, Alexandria Venture Investments, Amgen Ventures, The Baupost Group, Celgene Corporation, DAG Ventures, Domain Associates, and EcoR1 Capital. Atara’s drug therapies battle debilitating diseases. The company had previously received $38.5 million last month.

Series D

Voice-related marketing solutions provider Ifbyphone, has received $9 million in a Series D led by River Cities Capital. Apex Venture Partners, I2A, SSM Ventures and Origin Ventures rounded out the investment. Total funding for the Chicago-based company now stands at $30 million. According to Ifbyphone, marketers drop $68 million on advertising driving phone calls.

Funding

ComplexCare Solutions, which offers face-to-face care and risk assessments for populations with complex health issues and special needs, has raised $40 million from Warburg Pincus. The market opportunity for ComplexCare’s services reaches $1 billion, according to the New York-based company; and audiences addressed will only grow as humans live longer.

Baltimore-based healthcare management company Welldoc scored a $20 million financing from Merck Global Health Innovation Fund and Windham Venture Partners. Welldoc leverages an FDA-approved mobile application, BlueStar, that users acquire by prescription. The application helps individuals living with Type 2 Diabetes track and regulate blood sugar levels. Funding for the Baltimore-based company now exceeds $50 million.

Fresh from announcing a partnership with interconnectivity company Telx last month, Denver-based cloud provider Peak has raised $4 million from Sweetwater Capital and Meritage Funds. The company claims to have grown by 430 percent in the last two years. Last year, Gartner reported Infrastructure-as-a-Service, which Peak deploys, remained the fast-growing sector of cloud with a market opportunity estimated at $9 billion for 2013.

M&A

Though Yahoo’s CEO Marissa Meyer did not disclose deal terms when she announced in her CES keynote that Yahoo had acquired app manager Aviate, now an anonymous source tells TechCrunch that Yahoo spent $80 million to acquire the company. Founded in 2011, Aviate sends relevant smartphone app information to users depending on their location — i.e. brings fitness apps front and center when users get to the gym.

  • 
  • 
  • 
  • 

Filed Under: Finance, Global, Startups

Related Articles

  • Musk Subpoenas Twitter Whistleblower in Latest Bid to Nullify Takeover Deal 
  • SpaceX Raising $750m at $137bn Valuation – Report 
  • Cryptocurrency Markets Reel Following FTX Collapse 

Widget Spacer

Top 100

The Red Herring Top 100 awards highlights the most exciting startups from Asia, Europe and the Americas.

Learn More

Upcoming Events

  • Top 100 Asia

  • Top 100 North America

  • Top 100 Europe

Widget Spacer

Guest Column

What is a Learning Management System?

Rouben David, of CourseForMe.com, outlines the features and benefits of

Widget Spacer

Subscribe

Subscribe now to get event news and updates delivered right to your inbox:

Widget Spacer

#DigitalHerring Tweet

My Tweets
  • About
  • Press & Media
  • Contact Us
Red Herring LinkedInRed Herring Facebook

Copyright © · Red Herring, Inc.

Copyright © 2025 · Red Herring Theme on Genesis Framework · WordPress · Log in