DrFirst buys prior authorization automation platform Myndshft
This will allow DrFirst to accelerate its growth in the specialty medication space
Read more...Oh, the lobby. It's always so much more interesting milling about the lobbies of conferences than it is to listen to panels. You never know what kinds of scoops you'll get. At the AlwaysOn conference in Hollywood, I bumped into a few venture capitalists. I found out during one of the conversations that AOL bought Third Screen, a mobile advertising company. From the company's Web site: "Third Screen Media is a marketing technology company that enables advertising for mobile phones and wireless devices. Third Screen Media created the TSM Network, the world's largest, single-source mobile ad network and developed MADX, the only web-based, mobile ad management and delivery platform that connects advertisers, publishers and carriers."
The amount paid for the four-year-old company was not disclosed to me. But I can't imagine the company is making much these days as the mobile market is pretty nascent. Good move by AOL though. From what I hear, Third Screen was a good purchase.
Founder and CEO of Vator, a media and research firm for entrepreneurs and investors; Managing Director of Vator Health Fund; Co-Founder of Invent Health; Author and award-winning journalist.
All author postsThis will allow DrFirst to accelerate its growth in the specialty medication space
Read more...The company initially raised $3 million in seed funding when it launched in October
Read more...This is the company's first fundraising since 2019 and brings its total capital to $103M
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