In another sign of the growing VC interest in healthcare technology companies, data warehousing and analytics software company, Health Catalyst, has raised another $41 million in funding. Firms including Sequoia Capital, Norwest Venture Partners, Kaiser Permanente Ventures, Sorenson Capital, CHV Capital and Partners Healthcare doubled down on their commitment to Health Catalyst with the new financing.
Health Catalyst, a data warehousing and analytics company, closed a $41 million series C funding round, bringing the total amount raised to nearly $100 million from existing investors, such as Sequoia Capital, Norwest Venture Partners, and Kaiser Permanente Ventures. Last year, the company was one of the top digital health investments, according to Rock Health. Chief executive Dan Burton says he might consider another round, before going public in the next two years. Much like InterSystems, Health Catalyst is muscling its way into Oracle and IBM territory, by developing data management tools that are uniquely suited for health care.
NOTE: TECHi Two-Takes are the stories we have chosen from the web along with a little bit of our opinion in a paragraph. Please check the original story in the Source Button below.
TECHi weighs both sides before reaching a conclusion.
TECHi’s editorial take above outlines the reasoning that supports this position.
Google’s new Android update means your text messages on work phones are no longer private. The update lets employers access…
The Google Drive outage underscores the vulnerability of cloud-based productivity tools that millions of businesses and individuals rely on daily.…
Oracle’s current position in the market reflects both the strength of its strategic pivot to cloud computing and the risks…
Adobe’s current valuation reset presents a notable moment in the broader narrative of software pricing power. Despite the recent 38…
