MergerTech Capital in San Ramon, CA has created a 50 million dollar fund for HIT/mHIT companies. From their Press Release:
The fund will invest in IT infrastructure associated with healthcare, including cloud services, data security, consumer Internet, mobile applications, and managed IT. Additionally, the fund will invest in healthcare services providers that leverage technology as a means to reduce cost, scale or delivery gaps.
These guys will target early and growth stage investments and many startups come to mind. But it is always good news to hear new funds are created for HIT. I forsee many more moves in this area as time progresses. Already we see a fair amount of growth in current HIT and mHealth (devices) startups. PracticeFusion, Ginger.io and ZEO just to name a few.
Source: PRNewswire via Techcrunch
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