Welltok raises $59M in funding in 2014

Welltok has closed its most recent round of funding of $37 million, bringing its 2014 funding total to $59 million.

Welltok developed CafeWell Health Optimization Platform, which organizes health and condition management programs and drives patient engagement by offering personalized health guidance.

The Series D funding round included new investments from Hearst Health Ventures, a sector of Hearst Corp., and Englewood, Colo.-based Catholic Health Initiatives, in addition to existing investors including Emergence Capital Partners, InterWest Partners, New Enterprise Associates and Qualcomm Ventures.

"With the capital raised in 2014, we are in a great position to deliver excellence to our existing and growing client portfolio," said Jeff Margolis, chairman and CEO of Welltok.

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