Practice Fusion Raises $15M in Series D Funding

practice fusionPractice Fusion, a San Francisco, Calif.-based health technology company, raised an additional $15m in new funding in Series D financing.

This extention, which was led by Qualcomm Incorporated through its venture capital arm Qualcomm Ventures, brought the Series D funding to $85m (read here) and total funds raised to date to $149m).
The round was co-led by Longitude Capital, with continued support from returning investors Artis Ventures, Industry Ventures and Band of Angels.

The investment aims to enable the company to make strategic acquisitions and prepare an eventual IPO.

Led by Ryan Howard, CEO, Practice Fusion recently launched a platform, Patient Fusion, where patients can find and book appointments with doctors and access their medical records, a data analytics platform, Insight, whih offers access to real-time analysis from a large clinical dataset, an imaging and a billing API.
The company currently has 300 employees in its offices in SF, Seattle, Wash. and Palo Alto, Calif.

FinSMEs

09/12/2013

Join the discussion