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Look at where all the money is being raised right now, for Hillary, Obama and Edwards.
And that's not to mention the various new funds being raised right now by other "spun off" VC partners and former entrepreneurs.
This investment comes after a Series A but before a full Series B (which CEO Ian Shakil said in an interview is not being raised right now), and it brings the total raised by Augmedix to $40 million.
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"Innovation continues unabated," even though venture financing is difficult to raise right now, said Timothy Draper, founder of Draper Fisher Jurvetson, a Menlo Park venture capital firm.
Brian O'Malley: Actually everyone can raise right now.
It's kind of the old joke, who can raise right now?
JR: We're not raising right now, we have plenty of capital in the bank.
Notably, this was not a round they were looking to raise right now.
The company says that it didn't need to raise right now.
"We're not raising right now but are down the line having some discussions," he said.
As far as the company is concerned Begemann says there are no plans for further fund raising right now.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com