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GIBLIB Raises $2.5 Million Seed Round to Expand World’s Most Extensive High-Quality Video and VR Library of Medical Education Content

April 3, 2019

LOS ANGELES--(BUSINESS WIRE)--Apr 3, 2019--GIBLIB, the streaming media platform offering the largest library of on-demand medical lectures and surgical videos in 4K and 360-degree virtual reality, has closed $2,500,000 in seed funding. The round included Mayo Clinic with additional participation from the Venture Reality Fund, Wavemaker 360, USC Marshall Venture Fund and Michelson 20MM. The seed funding round enables GIBLIB to further enhance its offerings and continue to rapidly develop the platform’s online medical library.

The GIBLIB platform provides medical professionals anywhere in the world access to high-quality 4K and 360-degree VR videos of medical topics and advanced surgical procedures performed by the world’s leading specialists.

“As a retired orthopedic surgeon and an inventor of surgical devices, I’ve seen first-hand how GIBLIB’s platform will transform medical education and knowledge sharing within the medical community,” said Dr. Gary K. Michelson, M.D., founder of Michelson 20MM. “My team and I are excited to support GIBLIB as it leads the charge with superior quality content and partnerships with the world’s leading doctors and hospitals to deliver substantial improvements to the learning experiences of physicians and medical students.”

“With our partners’ support, GIBLIB is uniquely positioned to disrupt how medical professionals worldwide take on their lifelong educational journeys by providing a dedicated online destination with the best learning experiences for every specialty, ” said Brian Conyer, CEO and co-founder of GIBLIB. “We are honored to have continued support from our investors who have been instrumental in bringing GIBLIB’s vision to reality.”

The company will use the investment to substantially increase the quantity of content it makes available to its user base. For more information about the GIBLIB streaming media platform, visit www.giblib.com.

About GIBLIB

GIBLIB is the only streaming media platform to provide medical professionals anywhere in the world access to high-fidelity, immersive 360-degree virtual reality video content of the most current medical topics and sought-after surgical procedures performed by the world’s leading specialists. The Company creates, produces and curates high-quality educational videos that feature expert physicians at leading academic medical centers and distributes its content on-demand to medical professionals and students worldwide. GIBLIB produces exclusive content in partnership with leading experts in the medical field, including Mayo Clinic, Cedars-Sinai Medical Center, Stanford Children’s Hospital and more.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190403005142/en/

CONTACT: Emily Fang

Fusion PR on behalf of GIBLIB

emilydfang@fusionpr.com

(617) 833-9364

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: EDUCATION CONTINUING SURGERY TECHNOLOGY INTERNET AUDIO/VIDEO HEALTH MOBILE/WIRELESS TRAINING GENERAL HEALTH

SOURCE: GIBLIB

Copyright Business Wire 2019.

PUB: 04/03/2019 08:00 AM/DISC: 04/03/2019 08:01 AM

http://www.businesswire.com/news/home/20190403005142/en