Giblib Secures $2.5M Seed Funding to Expand Its Online Learning Platform for Medical Professionals

VCBeat (WeChat Official Account: vcbeat) has learned that on April 3 local time, Giblib, headquartered in California, USA, announced the completion of a $2.5 million seed funding round. The round was led by Mayo Clinic, with participation from Venture Reality Fund, Wavemaker 360, USC Marshall Venture Fund, and Michelson 20MM.

Since its establishment in 2015, GIBLIB has raised over $3.5 million in cumulative funding, having completed its angel round in April 2016. The proceeds from this round will be used to continue developing and enriching the content of the GIBLIB online medical library.

Giblib is a streaming platform that provides medical specialty lectures and surgical videos to healthcare professionals worldwide, including clinicians, medical researchers, and medical students. Users can access these medical lectures and surgical videos on the platform through paid subscriptions. Notably, these high-fidelity 4K and 360-degree VR videos are curated and produced by Giblib in collaboration with the world’s leading medical institutions. Among its partner institutions are Mayo Clinic, Cedars-Sinai Medical Center, and Stanford Children's Hospital.

“As a retired orthopedic surgeon and inventor of surgical devices, I have witnessed firsthand how the Giblib platform is transforming continuing medical education through knowledge sharing,” said Dr. Gary K. Michelson, founder of Michelson 20MM. “My team and I are delighted to support Giblib, as it collaborates closely with world-leading hospitals to deliver high-quality medical educational resources to physicians and medical students worldwide via VR technology, thereby advancing the standard of continuing medical education.”

“Giblib is positioned to provide every medical professional with the most cutting-edge medical knowledge and an optimal learning environment, breaking away from traditional models of continuing medical education,” said Brian Conyer, CEO and co-founder of Giblib. “We are grateful for the continued support of our investors, who have helped us turn the Giblib vision into reality.”

 About Mayo Clinic

Mayo Clinic, established in 1919 and headquartered in Arizona, United States, is a subsidiary of the Mayo Foundation for Medical Education and Research. The organization provides a wide range of specialized medical services, including those in diabetes, endocrinology, gastroenterology, gynecology, oncology, neurology, neurosurgery, plastic surgery, pulmonology, rheumatology, nephrology, urology, cardiology, and cardiac surgery. Additionally, it offers medical education and continuing medical education services through its academic institutions.

Venture Reality Fund is an investment firm based in California, United States, primarily investing in VR, AR, and MR startups.

# About USC Marshall Venture Fund

The USC Marshall Venture Fund is the venture capital fund of the University of Southern California, primarily investing in companies founded by USC students, alumni, faculty, and staff.

Reference Links:

https://giblib.com/ 

http://www.finsmes.com/2019/04/giblib-raises-2-5m-in-seed-funding.html

https://www.businesswire.com/news/home/20190403005142/en/GIBLIB-Raises-2.5-Million-Seed-Expand-World%E2%80%99s

(Compiled by Liu Na)