Alliance Health Networks, a company that operates health condition-specific social networks, has raised $11 million in new funding led by New World Ventures with participation from Physic Ventures, Highway 12 Ventures and Epic Ventures. This brings Alliance’s total funding to $18 million.
Launched in 2006, Alliance Health builds and operates health-related social networks, each focused on specific conditions. The company owns and operates 37 social networks and has more than 750,000 registered members. For example, Diabetic Connect is one of the largest social networks for people affected with the disease.
Alliance Health’s networks allows patients and caregivers to build relationships around health conditions, share treatments, comment on services, give advice and more.
The company plans to use the funding towards building additional social networks and towards further development of a mobile platform.