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News Byte
Predictive Data Startup Infer Raises $10M From Redpoint
Infer, a Palo Alto, Calif., startup that makes data-focused business apps to help companies target their best potential customers, said it has raised $10 million in a Series A funding led by Redpoint Ventures. Andreessen Horowitz, Social+Capital Partnership, Sutter Hill Ventures and angel investors also participated in the round. Infer, which is profitable, mines a range of data to determine those with the highest propensity to buy. Along with the funding for its “predictive customer scoring model,” Satish Dharmaraj of Redpoint Ventures will join the company’s board.
News Byte
Mango Health App That Games Taking Meds Launches With Target Partnership
San Francisco-based Mango Health — a new mobile app aimed at allowing people to manage their personal health by tracking medications and nutritional supplements they take — is launching after a 16-week pilot program and a strategic deal with retail giant Target. The app rewards users with gift cards or allows them to make charitable donations for correctly following their medical regimens by using game design principles. Consumers can also check for interactions between medications, supplements and foods, and get dosage reminders. Mango has raised $3.1 million in seed funding from venture firms First Round Capital, Floodgate and Baseline Ventures, as well as angel investors Mark Pincus and Keith Rabois.







