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Practice Fusion Raises Additional $15M to Close Year of Exponential Platform Growth
Date:12/9/2013

SAN FRANCISCO, Dec. 9, 2013 /PRNewswire/ -- Today, the country's leading health technology company, Practice Fusion, announced a Series D extension of $15 million in new funding. This extension funding, led by Qualcomm Incorporated, through its venture capital arm, Qualcomm Ventures, brings Practice Fusion's Series D funding to $85 million, with total funding raised to date at $149 million. The round was co-led by Longitude Capital, a leading healthcare venture growth fund, with continued support from returning investors Artis Ventures, Industry Ventures and Band of Angels. This investment leaves the company poised to lead the health technology market by enabling strategic acquisitions and priming the company for an eventual IPO.

(Photo: http://photos.prnewswire.com/prnh/20091118/PFLOGO)

This has been a year of exponential growth for Practice Fusion. No longer a scrappy startup, this year, the company has:

  • Surpassed 300 employees and expanded beyond its San Francisco, Calif. headquarters with offices in Seattle, Wash. and Palo Alto, Calif.
  • Facilitated more than 55 million patient visits across the country, primarily in the offices of solo- and small-practice doctors
  • Launched Patient Fusion, the largest physician appointment-booking site online, with two million verified patient reviews
  • Launched the first-generation version of our data analytics platform,

SOURCE Practice Fusion
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