Venture capital firms invested $ 4.6 billion through 574 deals in healthcare IT companies globally in 2015, registering a marginal decline over last year, a report by Mercom Capital Group said today.
In 2014, VC funding, including private equity and corporate venture capital, stood at $4.7 billion by way of 670 deals.
“After an incredible run from 2010—2014, VC funding into Health IT companies levelled off last year,” Mercom Capital Group CEO and Co—founder Raj Prabhu said.
“We are beginning to see a slowdown in early stage deals, a sign the sector is beginning to mature. We are also seeing funding trends shift from practice—focused to consumer—focused technologies and products,” he said further. For the full article click here
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