New Resource for Taking Care of Aging Parents Availab... ( Caring.com Secures $6M in Series A Fu...)

New Resource for Taking Care of Aging Parents Available in Beta

Date:9/21/2007

Caring.com Secures $6M in Series A Funding from DCM and Split Rock Partners

PALO ALTO, Calif., Sept. 21 /PRNewswire/ -- Caring.com today announced the beta availability of its website. Caring.com will offer original "how to" guides, time saving information, access to experts, helpful information and resources, and a community of people in caring situations, to create an unprecedented support resource for the more than 34 million adults who are caring for an aging relative in the United States today.

(Logo: http://www.newscom.com/cgi-bin/prnh/20070921/AQF020LOGO)

The number of U.S. caregivers is expected to grow steadily over the next few years, as the 79 million Baby Boomers (born 1946 to 1964) assume the responsibility of caring for their aging or ailing parents who have Alzheimer's, cancer, heart disease, diabetes, or other disabling conditions. Founded by a team of consumer Internet veterans who have each cared for or are caring for aging parents, Caring.com brings together a unique blend of real world experience and expert information and resources, to give caregivers the insight they need to make the most informed decision about a parent's care.

"When I was caring for my mom during her unsuccessful battle with lung cancer last year, I found a lot of information about the disease on the web, but nothing about all the other things I needed to figure out how to help her with her daily living activities, finances, and legal affairs. I didn't have much time and I had no confidence that the decisions I made were the right decisions," said Andy Cohen, CEO and Co-Founder of Caring.com. "We're launching Caring.com to help people figure out what they need to consider in caring for their parents, and also offer connections to others going through the same situation, to make a difficult journey a little bit easier."

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New Resource for Taking Care of Aging Parents Availab...( Caring.com Secures $6M in Series A Fu...),Health