Press Release - October 10, 2006 -BusinessWire
DoctorsDirect.com Secures Series A Equity Financing from Spark Capital
New Internet-Based Service Offers Consumers Fast, Secure Way to Make Doctor Appointments, Helps Reduce Physician Office Paperwork
SANTA MONICA, Calif.--(BUSINESS WIRE)--DoctorsDirect.com, an online service that enables consumers to conveniently book and pay for medical appointments over the Internet, today announced it has received Series A financing from Spark Capital.
DoctorsDirect.com’s unique approach, developed with the help of Internet-savvy physicians, simplifies the process of scheduling medical appointments for consumers and the doctors who provide their medical care. The service currently is being tested in select markets. A launch date has not been announced.
DoctorsDirect.com was founded in early 2006 by former MapQuest, AOL Moviefone and AOL CityGuide executive Tommy McGloin, who serves as president and chief executive officer.
“DoctorsDirect.com makes it easy to find the doctor you need and book an appointment while reducing the burdensome billing and insurance paperwork every physician’s office faces – without the need for software or training,” said McGloin. “The addition of Spark’s resources and expertise to our team will help us bring this important service to market and make a difference in the lives of people in need of medical care.”
“DoctorsDirect.com takes a basic problem in healthcare delivery – making a timely medical appointment – and removes the pain and the hassle by providing a new way for patients and physician offices to interact,” said Dennis Miller, a general partner at Spark Capital. “We’re excited to back DoctorsDirect.com’s proven leadership team in this venture.”
About DoctorsDirect.com
DoctorsDirect.com (www.doctorsdirect.com) provides consumers and the physicians who provide their medical care with a convenient, fast and secure way to offer and book medical appointments online. DoctorsDirect.com is HIPAA compliant and provides the highest standards in privacy and security. Based in Santa Monica, Calif., the privately held company has secured Series A investment from Spark Capital and currently is testing the service with physicians and consumers in select U.S. markets.
About Spark Capital
Spark Capital is a venture capital fund investing in ideas, entrepreneurs and companies building businesses that transform the distribution, management and monetization of media and content. Spark’s General Partners are successful natives of the media and technology industries and have proven track records identifying and actively building market-leading companies in sectors including infrastructure (Qtera, RiverDelta, Aether Systems, Broadbus and BigBand), networks (College Sports Television, TVONE and XCOM) and content delivery systems (Akamai). With deep relationships in technology and media, investing and operations, Spark Capital is uniquely positioned to provide world-class entrepreneurs and revolutionary companies with the intelligence, network and resources needed to succeed in today’s marketplace. With $260 million in funding, Spark Capital is acutely focused on investment strategies that are at the nexus of content, distribution and technology. To learn more, visit www.sparkcapital.com.
Contacts
Edge Communications, Inc.
Ken Greenberg, 818-990-5001
ken@edgecommunications.com
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