Tuesday, April 27, 2010

Healthline Looks Up $14M

San Francisco-based Healthline Networks, which operates consumer related health information web sites, announced Tuesday that it has raised $14M in a third roudn of funding. The round was led by Investor Growth Capital. Peacock Equity Fund and Reed Elsevier ventures also participated. The firm said the funding will go to expand research and development, engineering, sales and network services. The firm did not say if prior investors Aetna Ventures, Kaiser Permanente Ventures, U.S. News and World Report, and VantagePoint Venture Partners participated in this new round, or those firms continue to hold a stake in the company. More information »