digital health funding
Florence and CryoTherapeutics secure funding, NHS Wales signs new deal with Microsoft, and more new…
Also: Belgian startup epihunter adds new functionality to app; Inhealthcare reveals three-year deal with NHS trust; mySugr receives award in Lausanne.
The new money will be put towards sales, marketing and distribution efforts. It will also be used to help develop the company's product line.
The round was led by Santé Ventures, an Austin, Texas-based firm with a focus on healthcare and the life sciences.
Wellington Management Company led the round.
The funding will support the Israeli company's push into US markets.
All three health systems will also start using the digital health app and device prescription platform.
Vida and Teladoc will team up in an effort to get payer clients away from point solutions.
The integrated behavioral and primary care platform said that it will be focusing its upcoming efforts on serving the Medicaid population.
The new round of funding will also help the company expand its teams and pursue new strategic partnerships within the US.