Ginger.io raises $6.5M in funding

Date:
Wednesday November 28, 2012

Company Name:
ginger.io

Company Website:
http://ginger.io

Categories:
Cloud Computing, Data Mgmt / Business Intelligence

Deal:
Funding

Source:
http://bit.ly/Yaei2V

We are thrilled to announce that we will be concluding what has been an incredible year of growth for Ginger.io by welcoming Vinod Khosla and his team at Khosla Ventures to the Ginger.io family. We are delighted to announce our $6.5M Series A funding round led by KV. Seed investors True Ventures and Romulus Capital also participated in the round.

Raising a round of financing is a very important decision for any company, and we spent a lot of time thinking if and why this was appropriate. Given our company focus on keeping populations healthy, the incredible client partnerships we’ve built, and the advancements in healthcare reform, we had the opportunity to grow in a way that would allow us to achieve both business and mission-driven goals. Over the next year, we’ll be using the new capital to scale our team, improve our product, and support existing and new partners.