Protenus, a Baltimore, MD-based healthcare compliance analytics company, raised $11M in Series B funding.
The round was co-led by F-Prime Capital Partners and Kaiser Permanente Ventures, with Arthur Ventures, Lionbird Venture Capital, and Cognosante Ventures participating.
The company intends to use the funds to accelerate sales and customer support hiring, as well as R&D to expand platform capabilities.
Founded in 2014 by Nick Culbertson, Chief Executive Officer, Protenus provides comprehensive health data auditing and privacy monitoring platform currently used by top health systems and academic medical centers across the country.
The platform uses artificial intelligence to analyze every single action inside a medical record system.