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Comcast Ventures was the independent venture arm of media giant Comcast.
In November, Comcast moved Comcast Ventures into its business development division.
It was a kingmaker of healthcare benefits startups in the past but may not be as active going forward.
To understand the rise of Comcast Ventures, the venture arm of the media and telecommunications giant, it s helpful to consider the story of a healthcare startup called Accolade.
In 2009, Accolade was trying to sign its first large client. The young company had caught the attention of Bill Strahan, then the head of global benefits at Comcast.