Informed Data Systems Finds $8M For Diabetes Management

Informed Data Systems, a new startup led by Austin technology veteran Jeffrey Dachis, has raised $8M in a funding. The funding was led by RRE Ventures, and also included LAUNCH FUND, Capital Factory, Neu Ventures and BoxGroup. Informed Data Systems develops OneDrop, a mobile app which helps diabetes by connecting a glucose meter with an app, to better track their health. RRE's Stuart Ellman joins the company's board as part of the funding. The company is split between New York and Austin. More information »