Define Ventures closes first digital health fund with $87M

Led by a former Kleiner Perkins partner, Define Ventures launched Monday with an $87 million first fund, which will invest in early stage digital health companies.

Founder and Managing Partner Lynne Chou O'Keefe was a partner within Kleiner Perkins' life sciences group. In a blog post announcing the fund, O'Keefe said Define will aim to invest in companies at the intersection of healthcare, technology and consumer empowerment...