Sermo, a Cambridge, Mass.-based online community created for physicians, said it has raised a $9.5 million second round of funding.
The round was led by new investor SoftBank Capital, with additional funds from existing investors Longworth Venture Partners who initially funded the Company. The site launched in September 2006, and appears to have grown quickly.
The company says almost 6,000 doctors from all 50 states in over 30 different specialties have joined the medical forum to share insights, learn from each other’s experiences, discuss patient care.
It says the Sermo community is increasing by 400-600 physicians every week.
Another player in this area is Chicago’s Socialmd.com
(First posted 1/24)
3 Comments
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Brian Balfour said:
Matt,
I emailed you this tip a week and a half ago.
See my post dated the 11th of january here:
http://www.socialdegree.com/2007/01/11/sermo-gets-more-funding-9-million/
Give credit, where credit is due.
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Kumar said:
Matt,
Thank you for mentioning SocialMD. I am the founder of SocialMD. SocialMD is currrently focused on the medical student/ resident community. Launched in October 2006, we have over 1200 members. Once we have a good number of students/residents signed up, we plan to extend the platform to include more services targeted towards practicing physicians.
It is a pleasure to be mentioned alongside Sermo. SocialMD has no funding and is currently a part time project for the two of us (with full time day jobs). Maybe this article would lead to some funding for us :-).
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RK said:
So this is like social network for physicians, and there are only 800K of them according to AMA say 1 million in training and studies etc… Question is Is it worth chasing 1 million people market, who are extremely busy? Do Practicing MD’s have time to socialize specially who need maximize there revenue by talking to patient vs. social networking?
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Foonz, The Hunt Zone, Mail.ru, Crashplan, Flip.com, Quepasa, Sermo, BooMP3, Contextual Links - Mashable! said:
[...] Sermo Funded - We covered the first round funding of health community Sermo, so we should mention that they’ve now received a second round of $9.5 million from Softbank Capital - the first round was $3 million. (via) [...]