Investing
While equity investments in telemedicine rose 139% to $4.3 billion, other areas like data analytics and mobile health apps also earned strong support from investors.
The funds will be used to drive European leadership in digital chronic disease prevention and management.
The company is using the new funds to hire more staff in leadership positions.
The SaaS company specializes in reputation management and targeted marketing for doctors, practices and healthcare organizations.
The company will use the funding to expand its teledermatology services and 600 specialists in the DACH region.
Sequoia Capital and NewView Capital participated in the latest funding round.
The nearly 20-year-old brand started as an online hub for providers, but now hosts consumer-facing resources and in-person health clinics.
Investors smashed the quarterly and annual digital health funding records of years past.