TelaDoc Secures $156,750,000 New Financing

  • Feed Type
  • Date
    7/1/2015
  • Company Name
    TelaDoc
  • Mailing Address
    1945 Lakepointe Drive Lewisville, TX 75057 USA
  • Company Description
    TelaDoc, Inc. (NYSE: TDOC) performs several tasks as a business associate of the TelaDoc Physician Association (PA). TelaDoc, Inc. is not licensed to practice medicine and must contract with one or more professional associations and/or licensed physicians to provide cross coverage services to members.
  • Website
    http://www.teladoc.com
  • Transaction Type
    IPO
  • Transaction Amount
    $156,750,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    We intend to use the net proceeds from this offering for working capital and other general corporate purposes, including to expand our current business through acquisitions of, or investments in, other businesses, products or technologies. However, we have no commitments with respect to any such acquisitions or investments at this time.
  • M&A Terms

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