Raj Prabhu
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2014 Health IT Venture Funds Fly High
Six companies attracted millions from top venture investors...
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HIT Venture Capital Hits $1B For First Time
Venture capital funding for health information technology surpassed $1 billion for the first time in Q2 2014 – far surpassed, in fact, with $1.8 billion raised in 161 deals, more than doubling the $861 million raised in the previous quarter...
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How Apple’s Purchase of Startup Reveals Health Data Strategy
Apple’s recent acquisition of health startup Gliimpse is the latest in a long series of strategic moves by the Cupertino, Calif.-based company to capture mindshare and market share in a healthcare industry increasingly reliant on data. News of the tech giant’s purchase of Gliimpse—a personal health record aggregator—did not come from Apple, which does not comment on its acquisitions or the strategy behind them. Reports of the acquisition first surfaced in Fast Company, a business magazine that covers the technology industry...
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mHealth, Data Analytics See $4.7 Billion In 2014 VC Funding
The past year saw a $4.7 billion investment in healthcare IT companies, according to a report from Mercom Capital Group, as venture capital firms seek to promote lucrative technologies in the practice-facing and consumer-facing markets. Data analytics, population health management, and clinical decision support products were among the most likely to grab investor attention in 2014, while mHealth, telehealth, and wearable technologies saw $2.3 billion in major deals...
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Population Health, Analytics, mHealth Vendors Raise $1.8B In Q2
Health IT vendors have been raking in the dough at record levels, Mercom Capital says in a new report, charting the booming industry’s first $1 billion quarter in venture capital (VC) funding and smashing totals from the entirety of 2013...
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