Company name: DoximityInc.
Industry: health IT (healthcare social media).
Location:San Mateo, California.
Solution/product:Doximity is a professional network where physicians can connect with colleagues, do referral searches and communicate using its HIPAA-compliant communication tools. One in seven U.S. physicians use the network. Medical schools at Stanford University, University of California at San Francisco and University of Pennsylvania partnered with Doximity to operate their alumni networks.
Money raised:$17 million in a series B. Total funds raised including this round is $27 million.
How it will be used: Fundswill be used to “scale the network and expand our product offerings” said CEO Jeff Tangney.
Investors:Morgenthaler Ventures as well as existing investors Emergence Capital Partners and InterWest Partners participated in the round.
Management team:Jeff Tangney, CEO.
Market: Its competitor Sermo was acquired by WorldOnein July. HealthTap is another startup that allows physicians to connect with each other with a dedicated app, but its main aim is to facilitate patient-physician interaction online.
[Photo Credit: freedigitalphotos user Salvatore Vuono]
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By Arundhati Parmar
Arundhati Parmar is the Medical Devices Reporter at MedCity News. She has covered medical technology since 2008 and specialized in business journalism since 2001. Parmar has three degrees from three continents - a Bachelor of Arts in English from Jadavpur University, Kolkata, India; a Masters in English Literature from the University of Sydney, Australia and a Masters in Journalism from Northwestern University in Chicago. She has sworn never to enter a classroom again.More posts by Author
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