Icon News

The latest from inside Icon and our portfolio companies.


Teladoc to Acquire Best Doctors to Provide a Comprehensive Virtual Healthcare Delivery Platform

Teladoc, Inc. (NYSE: TDOC), the nation’s first and largest telehealth platform, announced today that it has entered into a definitive agreement to acquire Best Doctors, the world’s leading expert medical consultation company focused on improving health outcomes for the most complex, critical and costly medical issues. Teladoc is creating a new paradigm for how patients access care by delivering a powerful connected care platform – a single solution for addressing a complete spectrum of medical conditions, from non-critical, episodic needs to chronic, complicated medical conditions.  


Opcity Nabs $27M Series A Round To Become The eHarmony For Real Estate


Joe Horowitz Of Icon Ventures Joined Board Of Directors At NVCA



Area 1 Security was named one of 20 rising stars on Forbes

Area 1 Security was named one of 20 rising stars as part of Forbes second annual Cloud 100 list – Check it out:



Alation Debuts as a Leader in 2017 Gartner Magic Quadrant for Metadata Management Solutions

Alation Inc.,the collaborative data company, today announced its debut as a Leader in the 2017 Gartner Magic Quadrant for Metadata Management Solutions. Alation premiered in the Leaders quadrant evaluated among 14 companies for both “ability to execute” and “completeness of vision.”

The complete report, including the quadrant graphic, is available at: http://go.alation.com/gartner-mq-2017-aug16




Ripcord Raises $40M In Funding Led By Icon Ventures

Ripcord, the world’s first robotic digitization company dedicated to creating a truly paperless workplace, today announced a raise of $25M in equity and $15M in debt totaling $40M in Series B funding led by Icon Ventures with participation from Kleiner Perkins, Lux Capital, and Silicon Valley Bank. Ripcord will use the funding to bolster its production capacity by building new robots to meet increasing demand for records digitization, build out the ‘Ripcord Canopy’ software capability for records management enterprise integration, hire over 100 new employees in the next 12 months, and expand into new markets.

Co-founded by former Apple and NASA employees, Ripcord enables companies to digitize paper records and connect those records to existing enterprise systems. Ripcord provides an alternative to outdated records management systems that are overly complex, require expensive customization, and take years to effectively implement. Ripcord’s new technology reduces digitization costs to a fraction of the marketplace’s legacy options by achieving better results at 10x the speed.



Teladoc Announces Second Quarter 2017 Results

Teladoc, Inc. (NYSE: TDOC), the undisputed leader in telehealth, today announced results for the second-quarter ended June 30, 2017.

“Teladoc continued to deliver very strong results in the second quarter, meeting or exceeding our guidance on all key metrics. Building upon our excellent performance in the first half of 2017, the recent acquisition of Best Doctors makes me more optimistic than ever that Teladoc is uniquely positioned to transform how people access healthcare,” said Jason Gorevic, chief executive officer of Teladoc. “We continue to receive enthusiastic demand for the combined Teladoc and Best Doctors product offering, which delivers a clear, market-leading value proposition for our clients and partners.”



Commerce Bank Partners with Bill.com to Reinvent Business Payments

Bill.com, the leading business payments company, today announced it is working with Commerce Bank to reinvent business payments. Commerce Bank is now offering “CashFlow Complete,” an easy, AP and AR automated service powered by Bill.com Connect, the company’s new banking payments platform. With CashFlow Complete, Commerce delivers a banking experience with the power, simplicity and visibility small and medium sized businesses need to manage cash flow and payments digitally.



Alation Raises $23 Million in Series B Funding

Alation Inc., the collaborative data company, today announced it has closed a $23 million Series B funding round led by Icon Ventures with participation from Harmony Partners, Costanoa Ventures, and Data Collective. In addition, Michael Mullany, a general partner at Icon Ventures, has joined the Alation board of directors. This round of funding positions the company to scale rapidly to meet enterprise demand for collaborative data catalogs. Alation’s data catalog is the leading choice for chief data officers (CDOs) transforming their organizations into data-driven enterprises.

Recently named the top-ranked solution for data cataloging in Dresner Advisory Services’ Wisdom of Crowds® Data Catalog Market Study, Alation leads the emergence of a new category of data management applications that enable users of self-service analytics to more easily find, understand, and trust their data. Alation’s powerful data cataloging platform combines machine learning and human insight to drive data discovery, curation, and data governance for shorter time to insight and increased data accuracy.



Teladoc Completes Acquisition of Best Doctors

Teladoc, Inc. (NYSE: TDOC), the nation’s first and largest telehealth platform, today announced the completion of its acquisition of Best Doctors, the world’s leading expert medical consultation company focused on improving health outcomes for the most complex, critical and costly medical issues. With its newly acquired global footprint, network of more than 50,000 medical experts, and unmatched reputation for delivering quality outcomes, Teladoc is prepared to deliver on its vision to provide a central, trusted source for patients to get resolution to their healthcare needs.



TuneIn Celebrates MLB All-Star Week with the TuneIn MLB Going Gone Giveaway during the T-Mobile Home Run Derby

TuneIn, the official streaming audio partner of Major League Baseball, is celebrating MLB All-Star Week and one of the most exciting moments in sports – the home run – during the T-Mobile Home Run Derby. Celebrating the season of the long ball, TuneIn and MLB will launch the TuneIn MLB Going Gone Giveaway during the T-Mobile Home Run Derby, rewarding fans FREE Premium audio of MLB on TuneIn.



EY names Bill.com founder René Lacerte Entrepreneur of the Year

EY has named René Lacerte, founder of payments technology company Bill.com, entrepreneur of the year in financial services in Northern California.




The Muse acquires Brand Amper to ‘amp’ up its insight into hiring companies

It’s hard to know what’s happening inside a company. Those best-places-to-work lists are helpful, but what’s great for one person might not be so great for another.

The Muse, a content-rich recruitment site whose growth depends on its ability to match job seekers and companies, knows well the challenge of getting the “full story.” Though it counts more than 500 companies as clients, and though it sends videographers into many of these companies’ offices in an attempt to capture their look and feel and fit, learning what these businesses are truly like — compared with the perception they project to the world — is challenging.

It has been until now, anyway. The Muse is hoping to tackle that problem with Brand Amper, a three-year-old Chicago-based startup whose tools enable companies to collect data like employee sentiment by inviting employees to tell stories, including through a Mad Libs-like web app.

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