Series A Funding Nets Asthmapolis $5M

by Brian Lee

Asthmapolis has raised $5 million in Series A funding from The Social+Capital Partnership (Social Capital), the organization announced today.

“We look forward to accelerating our commercial efforts to improve asthma control and produce sizable economic savings,” David Van Sickle, CEO and co-founder of Asthmapolis, said in a statement.

According to a release, Palo Alto, Calif.,-based Social Capital is a partnership of philanthropists, technologists and capitalists utilizing venture capital as a force to create value and change on a global scale. Its general partner, Ted Maidenberg, also sits on the Asthmapolis board of directors.