May 27, 2015
Denver, Colorado-based Welltok, the health management company that makes the CafeWell Health Optimization Platform, has raised $21.3 million in a mix of equity and security, according to an SEC filing. This brings the company's total funding to at least $94 million to date.
Existing investors include Bessemer Venture Partners, Emergence Capital Partners, InterWest Partners, New Enterprise...
May 19, 2015
Denver-based Welltok, the health management company that makes the CafeWell Health Optimization Platform, has acquired Predilytics, a Burlington, Massachusetts-based predictive analytics company, for an undisclosed amount. Welltok will incorporate Predilytics' engine into CafeWell, to help health plans, at-risk providers and other population health managers better understand and anticipate the...
May 11, 2015
Since IBM launched its Watson Health business unit last month, the company has been busy, announcing a flurry of partnerships and deployments of its cognitive computing software in different sectors of the healthcare industry. Most of these announcements came out at the World of Watson symposium the company recently held in New York City. Here's a roundup of what Watson has been up to.
October 15, 2014
Denver, Colorado-based Welltok raised $25 million in a round led by Bessemer Venture Partners (BVP). The company hopes to raise another $12 million by the end of this year. The $25 million brings the company's total funding to at least $72.7 million.
(Correction: This article originally misstated the additional amount Welltok plans to raise this year.)
Existing investors include IBM's Watson Fund...
June 30, 2014
IBM's Watson has yet another new gig, and it could lead to a novel way for big data to interact with personalized healthcare. IBM has partnered with Bon Appetit magazine to create Chef Watson, a web app that can create unique recipes based on a list of preferences. The app is going into a very limited beta (capped at 200 participants) today.
Watson is a computer program that can do big things...
February 12, 2014
Earlier this year IBM announced that it would invest $100 million into startups that integrate with Watson, its super computing platform, through a new investment fund called Watson Fund. IBM announced that it had helped contribute to health social network company WellTok's $22 million third round of funding, which was led by New Enterprise Associates and included participation from another new...
November 15, 2013
A sample Watson conversation from WellTok.
It got famous on Jeopardy! and has been keeping its head down "going to med school" in hospitals like Memorial Sloan-Kettering. But now Watson, IBM's "commercial cognitive computer system," is stepping out into the wider world. IBM has opened Watson's application programming interface (API) to developers and two businesses are already working on...