Venture capital-backed Axial Exchange has acquired MRemedy, a company formed in 2010 by DoApp (a mobile services firm originally named PagePow) and healthcare provider Mayo Clinic.
Canaan Partners, Axial’s lead venture capital investor, and Mayo Clinic both invested in Axial Exchange to complete the deal, which will provide Axial Exchange with access to consumer content from MayoClinic.com.
Four Mayo Clinic physicians will join Axial’s advisory board, including Paul Takahashi and Nathan Jacobson.