Validic, a Durham, NC-based provider of a technology platform for accessing data from mobile health devices, wearables and patient applications, closed a $1.25m convertible note.
Backers included SJF Ventures and individual angels.
The company, which has now raised $2.1m, will use this funding to grow and expand the business.
Led by Ryan Beckland, co-founder and CEO, Validic provides a platform for data access via mobile health and in-home devices, wearables and patient healthcare applications. By connecting its base of customers (providers, pharmaceutical companies, payers, wellness companies and health systems) to mHealth technologies, the company enables healthcare companies to better coordinate care across communities, improve patient engagement strategies and manage patient populations.
In addition to the funding, the company hired John Turnburke, who joined as the senior vice president of business development; Chris Edwards, who joined as senior vice president of marketing, and Ben Clark, who joined as vice president of operations.
FinSMEs
12/03/2014