MyFitnessPal, a San Francisco, CA-based free personal health and fitness system, closed an $18m Series A funding.
The round was led by Kleiner Perkins Caufield & Byers with participation from Accel Partners. In conjunction with the funding, John Doerr, partner at KPCB, and Andrew Braccia, partner at Accel Partners, joined MyFitnessPal’s board.
The company intends to use the funds to hire new people, expand the product and their audience reach globally.
Co-founded in 2005 by Mike Lee and Albert Lee, MyFitnessPal offers a free platform for achieving and maintaining health goals with a database of more than 3 million foods and hundreds of exercises, top fitness technology partners and community insights. To date, the company has been used by more than 40m people.
FinSMEs
12/08/2013