Google’s Verily, the health technology subsidiary of Google’s parent company, Alphabet, today that it’s secured $1 billion in financing led by Silver Lake, with participation from Ontario Teachers’ Pension Plan and “other global investment management firms.” It comes two years after Verily took in $800 million of outside capital from Singapore-based Temasek Holdings.
Verily CEO Andrew Conrad said the funding would be used to “support growth in key strategic areas,” including investments in strategic partnerships, business development opportunities,
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