IDAvatars to Move Beyond Healthcare Following Purchase of CodeBaby

committed, he says. IDAvatars had previously raised about $4 million in outside financing, he says

IDAvatars’ revenues totaled about $600,000 in 2015, and that is projected to increase to about $1.5 million for the current year, Daroga says. CodeBaby expects revenues in the neighborhood of $2.5 million this year, he says.

Daroga says he expects the combined company will come close to breaking even this year.

Author: Jeff Buchanan

Jeff formerly led Xconomy’s Seattle coverage since. Before that, he spent three years as editor of Xconomy Wisconsin, primarily covering software and biotech companies based in the Badger State. A graduate of Vanderbilt, he worked in health IT prior to being bit by the journalism bug.