NantHealth, a Culver City, CA-based company that combines science, data and technology to improve healthcare, closed a $250m funding.
Backers included sovereign wealth fund Kuwait Investment Authority (KIA).
The company intends to use the funds to further accelerate innovation for better patient care and costs reduction.
Led by Patrick Soon-Shiong, M.D. (founder and CEO), Steve Curd (COO), Laura Beggrow, Executive Vice President, Commercialization at NantHealth, NantHealth provides a healthcare management system that enables providers to utilize big data to make real-time, evidence-based decisions. Its tools and solutions provide access to genomic and proteomic data at the patient level to analyze the root cause of disease, all available information about medicines and clinical trials, up-to-date scientific research, and the connectivity and data management software and infrastructure needed to make the information actionable.