Healthline Networks Raises $14M

Healthline Networks, a San Francisco-based provider of health information services, has raised $14m in a third round of financing.
The investment was led by Investor Growth Capital (IGC), the wholly owned venture capital arm of Investor AB.
The round also includes strategic financing from GE/NBC Universal’s Peacock Equity Fund, a joint venture between GE Capital’s Media, Communications & Entertainment business and NBC Universal and Reed Elsevier Ventures.
The company will use the funds to expand research and development, engineering, sales and network services. It will also work to expand its advertising platform and services.
In conjunction with the funding, Phil Dur, Managing Director, IGC, has also joined Healthline’s board of directors.

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