Balaji Gopalan
๐ค SpeakerAppearances Over Time
Podcast Appearances
Yeah.
Well, sorry.
1.8, 1.8 was the raise.
And then we'd raised half a million before that.
Oh, got it.
So 2.3 total, uh, since the life of the company.
And, uh, and we use that, we use the raise to rebuild a new product called med stack control, which delivers all of the same privacy and security commitments we delivered to those original set of customers, uh,
but now introduces a lot more power for them.
Because the problem was before, they would need to work with us if they wanted to make any iterative changes to the technology architecture to support their app.
A bigger server, a different server, a different kind of framework running on the server.
All the security stuff we were handling, but their ability to iterate was limited because it was a concierge service through us.
MedStack Control is a completely self-service machine-driven system.
So they have a console, they can log in, they can add and delete administrative users.
and change and grow and shrink the infrastructure as they need.
So we launched that the third quarter of 2019.
It's the only thing we're selling now.
It's completely changed our kind of sales cycle.
And then we've also introduced a new business model that's more in tune with our value proposition.
This is actually a very recent development, but it's worked very, very well for us.
So now we're saying,