AAA Box enters corporate venturing as Drchrono secures $2.7m

Box enters corporate venturing as Drchrono secures $2.7m

Drchrono, a US-based medical record-keeping app for iPad and iPhone, has raised $2.7m in convertible debt funding from investors including US-based secure cloud content management company Box.

The funding represents Box’s first corporate venturing investment, but fits with the company’s cloud computing and data-sharing ethos. Box was joined in the round by investors including Runa Capital, Maxfield Capital, FundersClub, Bruno Bowden and Silicon Valley Bank.

Drchrono, which allows patients and doctors to share medical data with each other, had raised approximately $4.1m from backers including 500 Startups, Y Combinator and General Catalyst Ventures in previous equity rounds, and has now secured a total of almost $6.8m.

The money will be used to further develop the app, which already has 2.6 million patients and 60,000 physicians using it according to Drchrono co-founder and CEO Michael Nusimow.

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