Kyruus Closes $11M Series B Financing

Published On January 2, 2013 |

Kyruus, a Boston, MA-based healthcare Big Data company, has closed an $11m Series B financing.

The round was led by Lux Capital, with participation from Fidelity Biosciences as well as existing investors Venrock and Highland Capital Partners.

Founded in 2010 and led by Graham Gardner, CEO, Kyruus provides hospitals and health systems with Big Data solutions to build, operate, and optimize their physician networks. The company’s product platform enables organizations to optimize the performance of their physician networks across the areas of network development, referral management, and regulatory compliance. Kyruus will use the new funds to expand its sales and marketing efforts across each of these solution areas.
Kyruus serves over 20 healthcare organizations from across the country, ranging from community hospitals to large multi-facility health systems.

In conjunction with the financing, Robert Paull, Managing General Partner at Lux Capital, will join the company’s Board of Directors.

FinSMEs

02/01/2013

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