Not a bad early Christmas present for the team over at Ginger.io who announced yesterday that they closed a $20M Series B and added a new board member from Kaiser Permanente Ventures. If you haven’t heard about Ginger, they are a health analytics startup that is using big data to disrupt the healthcare space. Ginger went through the Techstars Boston program back in 2011 and since then they have been growing, and that growth is about to accelerate even more.
Ginger.io is one of many startups to brand around the .IO extension which has been becoming increasingly popular with startups who don’t want to shell out the big bucks for a .COM. Earlier this year another Techstars alumni, Keen.io raised $11.3M, and something tells me we’ll see more startups branding around .IO in the new year.
As a fellow Techstars alumni (and a big data geek too) it’s incredibly exciting to see more Techstars companies doing big things. Huge congrats to the whole Ginger.io team, raising $20M is no small feat and you’d be hard-pressed to find a better Christmas present.