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ConsultingMD Lands $10M From Venrock To Bring Speedy Referrals And Second Opinions Online

When it comes to diagnoses and the possibility of undergoing serious medical procedures, we want second opinions (and trustworthy referrals) whenever we can get them. With 30 to 40 million Americans slated to receive insurance for the first time next year thanks to Obamacare -- and with millions expected to experience higher costs and reduced coverage as a result -- the system is in for a shock. That's why one Bay Area startup sees a huge need for trustworthy, affordable online resource for second opinions, and referrals. And, potentially, a huge business opportunity.

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Found 1 day ago on channel TechCrunch

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BonitaSoft Raises $13M Series C For Its Open Source Business Process Management Solution

BonitaSoft, a provider of an open source business process management (BPM) solution, has raised a $13 million Series C round led by the FSN PME Fund, a French government initiative to invest in technology companies to help them scale globally. Also joining the round are previous investors Ventech, Auriga Partners, and Serena Capital. The new funding round brings the total raised by the company to just over $28 million since being founded in 2009, and follows an $11m Series B in late 2011. BonitaSoft is headquartered in Grenoble, France — hence the French government’s backing — although it also has a U.S. office in San Francisco where I’m told CEO Miguel Valdes Faura spends half his time, as well an another office in Paris. It operates in the BPM space, competing with the likes of Pegasystems, Appian, LongJump, and a number of other open source players. Companies use BPM software to automate their processes, particularly where these operate at the intersection of machines and people. ...

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Found 6 days ago on channel TechCrunch

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Berkshire profit rises 51 percent, shares at record high

OMAHA, Nebraska - Warren Buffett's Berkshire Hathaway Inc on Friday said quarterly profit rose nearly 51 percent on a solid performance in insurance and by many of its other businesses, as well as gains from investments and derivatives.

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Found 2 weeks ago on channel Reuters

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Healthcare law opponents sue Obama officials over IRS rules

WASHINGTON - A group of individuals and businesses filed a lawsuit against the Obama administration's healthcare overhaul on Thursday, hoping to stop the law in states that have not set up new insurance exchanges.

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Found 2 weeks ago on channel Reuters

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Love Home Swap, The Members Club For Swapping Houses, Gets Into Rentals

Love Home Swap, a U.K.-based startup that appeals to homeowners that want to trade their places, is getting into proper rentals. The company, which launched about a year and a half ago, was operating on a member subscription model. People would pay to get access to a network of homeowners that were open to swapping residences across 150 different countries, plus a travel team, personal concierge and travel guides. Now the company, which just raised $1.3 million from MMC Ventures, is offering rentals along with swaps. Swaps are, of course, free to members. With rentals, Love Home Swap will take a 12 percent service fee. If you’re a gold member, it’s 11 percent and for Platinum members, it’s 10 percent. On the hosting side, the company will take a 3 percent service fee, which drops to 2 percent for Gold members and 1 percent from Platinum members. Love Home Swap also pairs each transaction with an insurance policy from Hiscox to protect members against damages or theft. Rentals are a ...

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Found 1 month ago on channel TechCrunch

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