Draper Associates is known for investments in companies, including what health technology company based in Palo Alto, California?
Draper Associates Draper Associates is an early stage venture capital firm that encourages entrepreneurs to drive their businesses to greatness, to transform industries with new technologies, and to build platforms for extraordinary growth, jobs, and wealth creation. The firm was founded by Tim Draper, and is best known for investments in companies such as Tesla, Skype, Baidu, Twitch, Theranos, and Thumbtack
ADAC Laboratories ADAC Laboratories was a Silicon Valley medical device company that was acquired by Philips in 2000. ADAC specialized in nuclear medicine and nuclear imaging devices. It was founded in 1970 and in 1996, it was the recipient of a Malcolm Baldrige National Quality Award It was acquired by Philips for $426 million, and incorporated into Philips Medical Systems (later Philips Healthcare).