Funding Daily – April 10, 2014
Posted On April 10, 2014
Drchrono brings in $2.69M
Drchrono, a startup that devised a way to view electronic health records on mobile devices, said today it has brought on $2.69 million worth of convertible debt funding, according to a statement that Drchrono sent to VentureBeat via email. The startup is now expanding its reach and developing a new marketplace for patients and doctors. Runa Capital led the funding round. Bruno Bowden, Box, FundersClub, Maxfield Capital, and Silicon Valley Bank also participated. To date, Drchrono has raised $6.99 million in funding.
Jafco raises a new $260M fund
Jafco Ventures has closed a fifth fund — its biggest yet. The tech-focused venture capital firm cobbled together $260 million for its latest investment fund, Jafco Technology Partners V, the it announced today. More than 20 new limited partners chipped in, including institutional investors, endowments, foundations, and families. Previously, Jafco had just one limited partner: the Japanese venture firm Jafco Co. Now Jafco will continue its core strategy of investing between $4 million to $8 million in mid-stage IT companies. Read more on VentureBeat.
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