Oak Ridge spinout Verana Health has completed a $100m round led by existing investor GV that will help it expand its clinical database platform into new areas.
Verana Health, a US-based clinical data platform spun out of Oak Ridge National Laboratory, raised $100m in a funding round led by GV, a corporate venturing subsidiary of technology group Alphabet, yesterday.
Bain Capital Ventures, Casdin Capital and Define Ventures also took part in the round, as did unnamed existing shareholders.
Founded in 2013, Verana has built a software platform that aggregates information from several clinical databases, such as the one maintained by the American Academy of Ophthalmology,…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
