Israeli Healthcare Data Startup MDClone Raises $15M
February 6, 2018 | Israel’s MDClone, a Beersheba-based company providing healthcare data in real-time, announced on Monday it has raised $15 million in total funding from Tel Aviv-based seed stage venture capital firm OrbiMed Israel Partners and American VC firm Lightspeed Venture Partners. OrbiMed led the company’s initial seed investment round in 2016, while Lightspeed led funding in 2017. This news comes not long after MDClone’s recent announcement that has signed its first overseas agreement, a partnership with the Washington University School of Medicine to make healthcare data in St. Louis more accessible to researchers and healthcare professionals. Founded in 2016 by Israelis Boaz Gur-Lavie, Luz Erez, and Ziv Ofek, MDClone has developed a big-data solution for healthcare featuring cutting-edge technology for data representation and generation and a new approach to healthcare data access, privacy, analytics, and research.