Validic, a Durham, NC-based digital health platform, raised $12.5m in Series B funding.
The round was led by Kaiser Permanente Ventures, the corporate venture capital arm of Kaiser Permanente.
The company intends to use the funds to continue to grow operations.
Launched in 2010 by Ryan Beckland, CEO, Validic provvides a cloud-based, digital health platform for access to patient data from in-home clinical devices, wearables and patient healthcare applications. By connecting its base of customers — that includes providers, pharmaceutical companies, payers, wellness companies and health IT vendors — to digital health technologies, the company enables healthcare companies to coordinate care across their communities, improve patient engagement strategies and more manage their patient populations.
Its FDA Class I MDDS technology delivers actionable, standardized and HIPAA-compliant consumer health data from mobile health devices and applications.
It now integrates with over 175 fitness and clinical devices and applications.