Flatiron Health, a US-based developer of an cancer data platform, has raised $8m in its series A round from a consortium including multiple corporate venturing units.
Google Ventures, the corporate venturing unit of the eponymous search engine provider, led the A round, and was joined by research group Laboratory Corporation of America, and venture capital firms First Round Capital, Great Oaks Venture Capital, Social+Capital Partnership, SV Angel, Box Group and IA Ventures.
Krishna Yeshwant, general partner at Google Ventures and board member of Foundation Medicine, has joined Flatiron Health’s board and said: ““Oncology is one of the fastest growing and unique segments of the health care industry, and oncologists and researchers need new and advanced tools to keep up.
“Nat and Zach’s passion to address this challenge and reputation for building disruptive software companies were key in our decision to lead the round. We are thrilled to be working with Flatiron Health as they build out a software platform that the oncology industry desperately needs.”
Flatiron was started in June by Nat Turner and Zach Weinberg, two of the founders of Invite Media, an advertising technology company acquired by Google in 2010 for $81m.
Comcast Interactive Capital, the corporate venturing division of media company Comcast, and venture capital firm First Round Capital had invested in Invite, according to news provider PEHub.