IBM launches Watson fund to invest in new medical services company

Source: Internet
Author: User
Keywords IBM medical services Watson Fund Welltok
NetEase Science and technology news February 13, according to foreign media reports, IBM recently invested in a medical service company named Welltok. This is the first time IBM launched its "Watson Fund" foreign Investment, the fund is designed to help those who use the "Watson" computing platform for Third-party Enterprises. Welltok a total of 22 million dollars in this round of financing. This is the company's C-round financing, is the investment of Grace (New Enterprise Associates). With the exception of IBM, there are also Qualcomm's venture-investment operations. So far, Welltok has accumulated about 48 million dollars. IBM said last month that it would invest in companies that use "Watson" technology, which is one of the companies ' efforts to develop the "Watson" platform. "Watson" computer in the 2011 television quiz show "Jeopardy" in the shine, defeated two human contestants, fame. Welltok is good at developing applications that help users manage their own health, as well as providing health care providers with incentives to reduce premiums. Welltok said last year that the company would use "Watson" technology to create a product called "Caféwell Concierge". The product can help users manage specific health problems and receive rewards when their health improves. Welltok said that with the help of "Watson" technology, the new features developed by the company will directly answer the questions posed by users. "Unlike search, users don't see a bunch of results, ' Watson ' will give the answer directly," Welltok's chief executive said. Steve Gold, vice president of IBM's new "Watson" business division, said the company would invest more in companies that use the technology, including healthcare, retail and tourism Steve Gaode. Abinadab)
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