Should you trace the etymological good reputation for the term career to the Latin root, you ll discover the word correre,�meaning to operate. �It s been 3 years since Babson graduate Jason Jacobs released FitnessKeeper,�the Boston-based parent company behind the most popular running application RunKeeper. And for the reason that time, Jacobs continues to be running on the stellar profession.
Jacobs released RunKeeper in August 2008, also it was among the first 200 iOS applications within the Apple Application store.�RunKeeper seemed to be among the first companies having a freemium model, which permitted these to be cash positive from an earlier stage. Due to this, RunKeeper launched its application around the world free of charge captured. Take a look at particulars concerning the latest application build�for both Android and iOS�here.
At the begining of June of the year,�RunKeeper opened up up its API�to a choose number of third party applications including Foursquare, Zeo, Withings, Polar, and�Wahoo�to start to build what RunKeeper calls The Graph which is similar to Facebook s massive Social Graph . The Graph allows these 3rd parties to construct programs on the top of the lots of of correlated health data from the six million plus customers.
When we�launched�the Health Graph API in June, it place the relaxation around the globe on observe that we're thinking much, larger than our humble origins like a simple run monitoring application. Ever since then, near to 40 integrations happen to be completed and many hundred more have been in development It isn t just applications/products delivering us health info, it's also companies building on the top famous this aggregated health data, for example corporate wellness platforms like Limeade, fitness rewards platforms like Earndit, and fitness games like Fitocracy.
The first success from the Health Graph has proven us the world is prepared for somebody to step-up and make someone health platform that ties together all this disparate health information across groups. Additionally, it demonstrated us simply how much jobs are left to become completed to get this to vision a real possibility.
-Jason Jacobs in the organization s blog publish (pictured above right, running this year's Boston Marathon)
Today, the Boston-based startup is announcing a $ten million round brought by Spark Capital s Bijan Sabet�(committed to Twitter, Foursquare, Tumblr, Boxee), with participation from existing investor OATV (the venture arm of O Reilly Media)�and one particularly savvy, new investor: America online s co-founder and Chairman,�Steve Situation.�This is additionally to its�$1.a million Series A round�from last November.
Jacobs states that Situation continues to be greatly enthusiastic about healthcare reform, and it has been thinking a great deal about trading heavily within the category. He's looked at us for any very long time. We first met last year, very at the start of RunKeeper s development. We subsequently met personally multiple occasions since that time, prior to i was considering raising money. I was looking forward to getting him involved with our business for a long time, then when it came time for you to think seriously about carrying out a financing round, he was an apparent spot for us to begin, states Jacobs.
The funding�will allow RunKeeper to accelerate a great deal harder lower its path and execute its potentially massive Health Graph. The extra capital will enable us to develop we, improve our items, and usually move faster once we grow RunKeeper and also the Health Graph into all that they'll be Hopefully this financing transmits a note that, not just may be the world ready for any breakout consumer health platform to emerge, but that people would be the platform to wager on, creates Jacobs.
The intersection of health insurance and technology is a fascinating trend in the last year. We re seeing health sensors like Jawbone s UP promising to become a large seller this holidays and social fitness online companies like Fitocracy killing it in user growth.
The timing suits someone health platform to emerge to create sense famous this health information across groups. We re excited to help keep working towards making RunKeeper that platform, and much more looking forward to the support we ve been receiving on the way from your employees, our traders, and our incredible user community, concludes Jacobs.
Wish to improve the graph with RunKeeper s 14-person team See the organization s job openings�here.
Read our feature piece on The way forward for Physical fitness and interview with Jason Jacobs here.
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