Last year, venture capital firms dug in for some big deals in the healthcare IT space. Mercom Capital stated in a recent survey that there were $1.2 billion in 163 deals across 2012, much, much more than the 49 deals/$480 million from ’11 and the piddling 22 deals/$211 million spent in 2010. Now, peHUB breaks down the biggest VC investments in the space with Thomson Reuters data—that accounted for about a quarter of overall deal value!
Castlight Health makes tech for companies looking to gain a clearer view of healthcare costs; the company’s $100M Series D round included investors like T. Rowe Price and Redmile Group—as well as some unnamed mutual funds. Past VC capital came from USVP and Maverick Capital, among others.
Image Credit: Castlight Health
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