Alphabet’s life sciences and healthcare subsidiary Verily has raised $700 million in an investment round funded by its existing investors, including Alphabet, Silver Lake, Temasek, Ontario Teachers’ Pension Plan and others.
WHAT IT DOES
Verily serves as Alphabet’s research arm that develops tools and devices to collect, organize and activate health data. It also creates interventions to prevent...
This morning Alphabet life science subsidiary Verily announced a staggering $1 billion in new venture funding led by Silver Lake, with participation from Ontario Teacher’s Pension Plan and other global investment management firms. As part of the deal, Silver Lake Managing Partner and Director Egon Durban will be nominated to the company’s operating board, as will Ruth Porat, chief financial...
