Google parent's life sciences division Verily raises $1 bn
Google parent Alphabet's life sciences division Verily has announced a $1 billion investment round led by private equity firm Silver Lake. Alphabet Chief Financial Officer Ruth Porat and Silver Lake Managing Partner-Managing Director Egon Durban will be nominated to join Verily's operating board, the company revealed. Previously under Google X, Verily was made independent in 2015 by Alphabet.