Healthcare technology is hot stuff, with startups and investors from Silicon Valley to the Charles River chasing after the next paradigm-shifting blockbuster innovation. Each passing quarter sees an ever-increasing tally of eager rounds of funding.
In the first three quarters of 2013, health IT venture capital leapt steadily from $493 million to $623 million to $737 million, according to Mercom Capital Group. By Q1 2014, it was up to $858 million.
In Q2, VC funding for digital health passed $1 billion for the first time ever: $1.8 billion worth of deals.
"Funding into the healthcare IT sector continues at an astonishing pace," said Mercom CEO Raj Prabhu in a press statement in April.
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