Practice Fusion Raises $70M in Series D Funding
Summary
Practice Fusion, a San Francisco, CA-based healthcare records management startup, raised $70m in Series D funding.The company intends to use the proceeds from the funding, which brought the total amount raised to date to $134m, to expand its offerings and conduct new clinical data research and development.Founded in 2005 by Ryan Howard, CEO, Practice Fusion developed a free, web-based model for electronic medical record technology.It is today used by more than 100,000 medical professionals to document, prescribe, order labs, communicate with other providers and earn incentives.Practice Fusion partners with 18 of the top 20 US pharmaceutical brands and over 300 enterprises including labs, imaging centers and billing services.
Funding
Amount
$85.0M
Total raised
Date
September 24, 2013
Announcement date
Investors
Glynn Capital Management, Deerfield Management, Longitude Capital, SMARTECH AV CO., Band of Angels, Morgenthaler Ventures, The R-Group, LLC, Practice Fusion, Qualcomm Ventures, OrbiMed
Lead investors
Company
http://www.practicefusion.com
Funded company
Classifications
industries
HealthTech
applications
Web and Content Management
AskAI Classifications
Labels
Healthcare IT
SaaS
Electronic Health Records (EHR) Software
Linked Companies
Practice Fusion, Inc.
$10M to $25M