VitalWare, a Yakima, WA-based provider of SaaS revenue cycle solutions to healthcare organizations, received a growth investment from F-Prime Capital Partners (formerly Fidelity Biosciences), a global venture capital firm investing in healthcare and technology.
The amount of the Series A financing was not disclosed. In conjunction with the funding, F-Prime partners Jon Lim and Carl Byers joined VitalWare’s board of directors.
The company intends to use the funds to continue investing in technology, sales and marketing, and hire new people.
Founded in 2011 and led by Kerry Martin, President and Chief Executive Officer, VitalWare provides healthcare organizations with cloud-based analytics, documentation, coding, billing and auditing technology solutions.