Data management company Cohesity raises US$250M in Series E funding led by DFJ Growth, others
Data management company Cohesity announces that it has received US$250 million in Series E funding, led by DFJ Growth, Foundation Capital, Greenspring Associates, and Wing Venture Capital. DFJ Growth and Greenspring Associates are new investors along with Baillie Gifford and Sozo Ventures, who joined existing investors, including Sequoia Capital and SoftBank Vision Fund 1, as well as strategic investors Hewlett Packard Enterprise and Cisco Investments.
With the fresh funding, Cohesity is now valued at US$2.5 billion, more than double the valuation from the company’s Series D round less than two years ago.
Cohesity said it plans to leverage the new investment to advance research and development — building new capabilities to serve enterprises. The company will also continue to broaden its reach and awareness both domestically and internationally while extending its relationships with alliances and partners.
Cohesity offers a platform that simplifies the way businesses back up, manage, protect, and extract value from their data — in the data centre, at the edge, and in the cloud.
Mohit Aron, CEO, and founder, Cohesity, said that the company has completed its transition to a software business model since its last funding round.
Telehealth startup Doctor Anywhere to launch COVID-19 medical advisory clinic, partnering major insurers
Doctor Anywhere, a Singapore-based healthtech company, announces that it will be launching the Doctor Anywhere COVID-19 Medical Advisory Clinic for individuals in Singapore, Thailand, and Vietnam. In line with the Singapore Government’s social distancing measures to reduce the risk of exposure to COVID-19 infection and efforts to ring-fence confirmed cases, the service will help to identify COVID-19 signs and symptoms and escalate suspected cases for further medical assistance.
In doing so, the startup partners major insurers, including AIG and Cigna Global, to offer the COVID-19 Medical Advisory Clinic as a free service to their policyholders.
To access this full suite service include, Singapore’s customers are advised to:
1. Using the Doctor Anywhere mobile app to access ‘COVID-19 Medical Advisory Clinic’ video
consultation
2. Speaking to a doctor within five minutes
3. During the video consultation, the doctor will ask for travel history, signs of chest infection, or
whether there is any contact with confirmed cases, as well as other questions to triage and
determine possible infection
4. If the doctor suspects an infection, the Doctor Anywhere Care Team will assist to coordinate
next steps, including calling an ambulance to transport the user from home to Singapore’s
National Centre for Infectious Diseases (NCID) in the next hour for a COVID-19 swab test
5. If the doctor assesses that it is not a suspected COVID-19 case, medication can be prescribed to ease symptoms, which will be delivered to the user’s home within three hours
In Thailand and Vietnam, the local Doctor Anywhere teams will provide assistance to connect the patient to the appropriate healthcare authorities to receive further medical attention.
Users in other countries can also access the Doctor Anywhere COVID-19 Medical Advisory Clinic, but the service will only include video consultation with a doctor to identify symptoms and provide advice on the next steps or a memo to obtain medication from a local pharmacy.
Doctor Anywhere recently closed its Series B funding round with an endorsement from the Singapore Government, said Lim Wai Mun, Founder, and CEO, Doctor Anywhere.
Public fees for video consultation via the Doctor Anywhere COVID-19 Medical Advisory Clinic is SG$10 (US$7). This does not include medication that might be prescribed by the doctor.
Singapore to support local food production with US$22M fund, to build alternative urban farming spaces
Singapore has just announced a new S$30 million (US$21 million) fund that is aimed at supporting local food production to prepare for external supply shocks caused by the COVID-19 pandemic, as GreenQueen reported.
Also Read: Foodtech in Singapore through the eyes of startups
The new grant will be directed to support the production of leafy vegetables as well as eggs and fish. It will also seek to turn vacant industrial sites such as rooftops into alternative urban farming spaces with a tender started by Singapore Food Agency (SFA) and agri-food companies for rooftop farms on public housing from May this year to anticipate travel restrictions that include export bans that impact the global food economy.
Singapore currently produces only 10 per cent of its food demand, with the remaining 90 per cent of its supply reliant on foreign imports.
Furthermore, food techs may be selected and awarded a grant to accelerate their farm expansion to increase production capacity. Homegrown agri-tech startup Sustenir had already been assisting this goal by producing crops in lab-controlled vertical farms powered by artificial intelligence and LED lighting to help reduce Singapore’s dependence on food imports, as well as reduce carbon emissions and food wastage with shorter transportation.
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Image Credit: Luke Chesser on Unsplash
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