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Swiss funding news

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Swiss funding news

From: Jean-Michel Pittet <click for textversion of email address >
Date: Wed, 17 May 2000 09:38:50 -0700
X-Mailer: exmh version 2.0.2 2/24/98
Status: RO

>From today's Venture Wire:

o Swiss Health Service Company Gets $5.4 Million in Round One

BASEL, Switzerland -- McWellness, a Switzerland-based
company that provides executive healthcare management
services, said it raised EUR 6 million ($5.4 million)
in its first round of venture funding. Investors
in the round include Securitas Capital and Rudolf
Maag, former chief executive officer of Synthes-Stratec.
As a result of this investment, Securitas Capital
managing director John F. Shettle will join the
board of directors, as will Mr. Maag. The company
will use the funds to expand its operations into
other countries, including the United States. Prior
to this round, McWellness had early stage backing
from McKinsey & Co. and UBS.
http://www.mcwellness.com/

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Entire Contents Copyright 2000 by Technologic Partners
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-- 
-----8<-----
Jean-Michel Pittet   jmp_at_sgi.com   Phone:650-933-6149   Fax:933-0513
SGI, 1600 Amphitheatre Parkway, MS 510, Mountain View, CA, 94043 USA
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Received on Wed May 17 2000 - 09:42:00 PDT
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