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Jack Ellis · · 1 min readIn brief: Medical portal DocDoc gets fresh funding, expands to Hong Kong
DocDoc announced that it has secured a strategic investment from Cyberport Macro Fund (CMF), following which they will open a new office in Hong Kong’s Cyberport.
Combining a large network of doctors with an AI-powered discovery platform, DocDoc will use the proceeds from its latest fundraising to expand its market presence in Hong Kong and strengthen its network of doctors in the region.
Source: DocDoc
The amount of the investment was not disclosed.
Singapore-based DocDoc has previously raised funds from the likes of 500 Startups founder Dave McClure, former DBS and Singtel chairman Koh Boon Hwee, and venture capital firm Jungle Ventures. In April 2015, it banked US$8.5 million in series A funding from Malaysian conglomerate Hong Leong Financial Group and South Korean venture builder SparkLabs Global Ventures.
The latest investment from CMF brings DocDoc’s total funding to US$18.5 million to date.
Editing by Charmaine de Lazo
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