ZocDoc has raised $50 million in a new round with Digital Sky Technologies (DST). ZocDoc is a company that allows people to find and book appointments with doctors online. As part of this this round of funding, ZocDoc now has a valuation of $700 million.

Online medical appointment service ZocDoc has raised $15 million in Series B funding from Founders Fund and Khosla Ventures. ZocDoc now has $20 million in funding with Jeff Bezos and Marc Benioff as previous investors.

ZocDoc is a service that allows users to sign up for doctor appointments online in New York City, NY.  As ZocDoc plans to expand their online services to other major cities, Amazon.com, Inc. (NASDAQ:AMZN) CEO Jeff Bezos and salesforce.com, inc. (NYSE:CRM) CEO Marc Benioff have come together to invest an undisclosed amount in ZocDoc.  Bezos’ investment came through Bezos Expeditions.

Last month Vinod Khosla’s investment arm, Khosla Ventures led the investment of $3 million Series A in ZocDoc.  ZocDoc did not disclose how much this round of funding was, but it is “in the ballpark” of the Series A [SAI].  ZocDoc’s founders include Nick Ganju, Cyrus Massoumi, and Oliver Kharraz, M.D.  ZocDoc plans to make revenue from advertising and charging a nominal fee to practicioners.

The site has rough 50,000-60,000 users.  ZocDoc also turned one years old today. 

ZocDoc is a New York-based service that allows users to make free appointments with dentists and doctors online.  With a few clicks, users can find the doctors and dentists that accepts their insurance.  Sometimes the appointments can be made on the same day.

ZocDoc can also find out the quality of doctors by patient reviews.  ZocDoc started in September 2007.  ZocDoc will be expanding beyond New York City soon.   The founders of ZocDoc are Nick Ganju, Cyrus Massoumi, and Oliver Kharraz, M.D.

ZocDoc recently raised $3 million in a first round of funding, led by Khosla Ventures.  ZocDoc currently has about 30,000 users and is growing 50% every month.  The company also has a waiting list of doctors that want to participate in ZocDoc.  ZocDoc currently has 10 employees and will be using the money to power their expansion.

ZocDoc plans on making money through two ways.  The first way is advertising and the second way is to introduce a nominal fee for practitioners.

Related Link:
1. paidContent