Healthcare IT VC Funding Doubles To $2.2 Billion

Last year was another banner year for venture capital funding for healthcare IT--it doubled from $1.2 billion to $2.2 billion, according to a new report from Mercom Capital Group.

Overall, the number of VC health IT deals more than tripled from 163 in 2012 to 571 in 2013. What's more, the number of investors active in funding rounds for healthcare IT companies nearly doubled, from 236 in 2012 to 466 last year.

"After record fundraising totals in 2013, healthcare IT companies have now received $4 billion in venture funding since 2010," Mercom CEO Raj Prabhu said in an announcement. "Mobile health companies led the way in 2013 as the technology transformation of the healthcare industry continues."