Amsterdam-based Siilo, an instant messaging app designed just like WhatsApp for healthcare professionals, announced that it has raised €4.5 million of funding recently. The round led by EQT Ventures.The funding will be used to scale-up the app’s user base across Europe, especially in the UK and Germany. But how reliable is it? Will it lead to an invasion of privacy?
The foundation and aim
Siilo was founded in 2015 with the goal of creating a platform for healthcare professionals to practice medicine together in a secure and quick way, and eliminate out-dated forms of communication, such as fax, pages and landlines. The problem with the out-dated forms of communication, it often results in key patient data being siloed and valuable time is wasted trying to get access to the right information.