Cancer-data Company by Erick Lefkofsky, Tempus will get a boost worth $70 million form Revolution Growth and New Enterprise Associates. The two venture funds which are based in Washington, DC led a new financing round which has brought the sum of outside investments in Tempus to approximately $130 million. Eric Lefkofsky established Tempus two years ago where he served as the co-founder of the company. He also served as the Chief Executive Officer of Groupon. Since its inception, Tempus has managed to offer their services to almost 200 individuals including a close family member of Eric Lefkofsky and learn more about Eric.
Tempus has been described as a Big Data play when it comes to oncology. Many hospitals normally send their patients to Tempus to get genetic analysis and sequencing. The software platform of Tempus uses data so as to offer doctors information regarding treatment options for each patient, indicating how other people with the same genetics profiles have managed to respond to specific therapies. One of the biggest challenges that Tempus has faced is getting sufficient partners to create a critical data mass. According to Eric Lefkofsky, it has been a great worry for him if the top academic medical cancer centers will be able to contribute data and Eric on Facebook.
Eric Lefkofsky says that the additional funds will assist Tempus in building out the database it collects from top academic medical cancer centers. Since its inception, Tempus has managed to sign many top hospitals such as University of Chicago Medicine, Northwestern University’s Lurie Cancer Center, University of Pennsylvania’s Abramson Cancer center, University of Michigan, Mayo Clinic, Cleveland Clinic and Duke University School of Medicine. After being in the business for two years, Eric Lefkofsky stated that the company is ahead of the target that they had set initially and Eric’s lacrosse camp.
An established entrepreneur, Eric Lefkofsky is the co-founder of Tempus. Under his leadership, the company has managed to experience lots of success and growth. Eric is responsible for ensuring that the strategic goals of the company are achieved. He attributes the success that he has had with Tempus and throughout his career to hard work, passion, commitment and discipline and read full article.