IMedExchange raises $2.5M to build doctor social network
Seattle-based iMedExchange, which is about to launch a social network for doctors, has raised $2.5 million in angel funding, according to John Cook at the Seattle Post-Intelligencer. Apparently, the site is doctor-approved — of the 40 angel investors, 38 are physicians.
Chief executive Tobin Arthur told Cook he wants to create the online equivalent of a doctors lounge, one that will only be open to practicing physicians. IMedExchange faces competition from another physician social network called Sermo.
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About the Author, Anthony Ha
Anthony is VentureBeat's assistant editor, as well as its reporter on enterprise technology, cloud computing, and tech policy. Before joining VentureBeat in 2008, Anthony worked at the Hollister Free Lance, where he won awards from the California Newspaper Publishers Association for breaking news coverage and writing. He attended Stanford University and now lives in San Francisco. Reach him at anthony@venturebeat.com. You can also follow Anthony on Twitter.