ClearDATA Raises $12M in Funding

Funding Rounds

Summary

ClearDATA, an Austin, Texas-based managed cloud provider for healthcare security, raised $12m in funding.The company intends to use the funds to expand its presence in the marketplace and for continued product innovation.Led by Darin Brannan, CEO, ClearDATA provides a HIPAA-compliant, managed cloud used by more than 350,000 healthcare professionals to safeguard their patient data and power their critical applications.ClearDATA protects sensitive healthcare data using compliance and security safeguards, purpose-built DevOps automation, and healthcare expertise — all backed by managed cloud services.The company was also selected to participate in the Amazon Web Services (AWS) Public Sector Partner Network.

$ Funding

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Amount $12.0M Total raised
Date April 13, 2017 Announcement date
Investors Norwest Venture Partners, Heritage Group, HLM Venture Partners Lead investors
Company http://www.cleardata.com Funded company

Classifications

industries
HealthTech
applications
No applications detected

AskAI Classifications

Labels
Healthcare Cloud Security Software Compliance Software SaaS

Linked Companies

ClearDATA
$10M to $25M