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Heritage Group backs $23.6m MDLIVE financing round

23 Jan 2014

hospital_healthcare_plaster_170sqVenture capital firm Heritage Group was among investors in a $23.6m financing round for telehealth services and software provider MDLIVE.

Kayne Anderson Capital Advisors and Sutter Health also took part in the financing, which the company said would be used to build-out its healthcare system in the could and integrate a ‘second opinion’ programme for patients.

Heritage managing director Rock Morphis said, “We are excited to be MDLIVE’s new strategic partner.

“We look forward to working with the company to expand its already robust offerings and to help build a full service cloud-based healthcare system, making it easier than ever for patients to get access to healthcare on the go.”

Last September Nashville, US-based Heritage Group led its second investment in a week by backing a financing round for online health and wellness platform Sharecare.

The undisclosed funding brings Sharecare’s total capital raised to $91m according to the company, which provides personal health management to millions of customers each month.

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