DrDrew.com Secures $7.5 Million in Venture Funding

DrDrew.com, a new health and lifestyle
destination site from television and radio doctor Dr. Drew Pinsky, said it
has received new equity investments totaling $7.5 million from venture
capital, media and individual investors led by Softbank Venture Capital.

Also participating in the round of funding were media company Freedom
Communications and the venture capital firms of Mentor Venture Partners and
Garage.com. Freedom Communications and Garage.com also participated in
DrDrew.com’s initial round of funding.

Among the individual investors are Greg Maffei, chief financial officer of Microsoft, and Joe
Grundfest, professor, Stanford University School of Law.

They join Dale
Fuller, former president of
the popular Web site WhoWhere.com, who participated in DrDrew.com’s initial
round of funding.
Joining the board of directors is Heidi Roizen, a managing director of
Softbank.

“Dr. Drew has the ear of a large and important Internet audience. He’s earned
their trust and respect,” said Roizen. “We hope to build on this great
franchise with ever expanding content, community, and commerce opportunities.”

Dr. Drew Pinsky is the co-host of the nationally syndicated Loveline radio and
television shows. Launched earlier this month, DrDrew.com is a health and
lifestyle site for young adults, ages 14-34.

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