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IMedExchange Gets $2.5 Million Angel Round For Doctors Social Net

IMedExchange, a social networking site for doctors, has raised $2.5 million from various angels, according to Seattle PI. All but two of the company’s 40 investors are doctors themselves. The Seattle-based company, which is launching this month, wants to be a place where doctors can exchange professional info, while also doing traditional social networking stuff, like chatting about their personal interests. The big competition in the space is heavily backed Sermo, which is very tightly focused on the exchange of industry knowledge.

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Jun 16, 2008 12:45 PM ET

Posted In: Media & Publishing, Health Content, Money, M&A & Venture Capital, Venture Capital, Social Media, imedexchange

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Jun 16, 2008 3:46 PM

This is from the Seattle PI - “And because doctors are a lucrative demographic, it expects to reach CPM rates, or the cost per 1,000 ad impressions, of $60 to $100”

Ok - dump the Siringe please - whatever is causing these Hallucinations has got to from some good “Narcotics”-

G

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