A local health IT startup recently announced it has raised $3.5 million in investments to expand staff and further market their product.
Redox, a Madison-based startup, will receive money from .406 Ventures, Flybridge Capital Partners and HealthX Ventures, according to a release. The investments will primarily be used to increase staff in order to meet the growing demand for their system, Niko Skievaski, Redox co-founder, said.
Former Epic employees founded the startup, which is working to streamline health care by allowing health-related apps to access data from various health care systems, Skievaski.
Redox was founded in the summer of 2014, Skievaski said. It started as an incubator, but as they began to work with more health care technology companies they quickly discovered integration of health records was a major issue, Skievaski said. For the full article click here
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