We are proud to announce that we are co-leading a Series A investment in Doximity alongside InterWest.
Doximity has developed a compelling mobile-centric service that makes it easy for physicians to connect and communicate with one another. Their aim is to streamline the many collaboration-centric activities that physicians engage in. In doing so, Doximity aims to make doctors' lives easier -- and to improve patient care.
We think of Doximity as a combination of LinkedIn and Yammer for doctors. Their service contains a professional social network that allows physicians to easily search for other doctors (useful if, for example, they need to find someone to refer a patient to). Additionally, Doximity includes a HIPAA compliant text messaging solution that enables physicians to securely communicate with one another.
In our portfolio, we have seen first hand that professional collaboration tools can drive significant productivity improvements. Companies such as Yammer, YouSendIt, EchoSign, and Box.net have built fast-growing businesses by rethinking outdated ways of communication and workflow. We can't imagine any industry that is in more need of improved collaboration than healthcare. So far, doctors seem to agree. In a few short months, Doximity has attracted over 7,000 doctors to its solution.
Leading the charge at Doximity is Jeff Tangney, one of the founders of Epocrates. Jeff was instrumental in building Epocrates from concept to a publicly-traded company with one of the most successful mobile applications in the healthcare space. Jeff's background, along with his effusive passion for crafting a product that customers love, caused us to quickly realize we needed to find a way to work with him.
We couldn't be more excited about helping Jeff and the rest of the Doximity team as they build what we know will be a very successful company.
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