Ted Dacko earned his reputation as one of Ann Arbor's big-name entrepreneurs because of his runaway success with HealthMedia. Now he's taking another swing for the fences with his latest start-up, InfoReady.
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Ted Dacko thinks he may have spotted the next HealthMedia Inc., and he's signed on with Ann Arbor-based InfoReady Corp. to try to make another success.
HealthMedia, a provider of online health resources and wellness programs, headed by Dacko and backed by local venture capitalists, saw dramatic growth and a successful sale to Johnson & Johnson in 2008 for as much as $200 million.
InfoReady is a spinoff of Ann Arbor-based GDI Infotech Inc. that has raised almost $1 million in seed and angel funding, including loans from both Ann Arbor SPARK and the Detroit-based First Step Venture Fund.
InfoReady collects information about new grants from federal, state, and philanthropic sources and alerts university researchers and government units about them daily. It also serves as social media for the grant-seeking community, allowing would-be collaborators to share ideas and to track progress on grant work.
"They built a cool, exciting product that could make them another HealthMedia," says Dacko, who will serve for now as a part-time consultant in the role of vice president of sales and marketing.
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