The first quarter of 2014 brought in an unprecedented level of venture capital for digital health ventures, according to start-up service company Rock Health.

"Digital health is increasingly whetting venture appetites--January set a record month in deals and dollars, and building off that momentum, the first quarter of 2014 set an all-time record for digital health funding in a single quarter," writes Rock Health Strategy Manager Teresa Wang in an April 3 blog. "Nearly $700 million in funding poured into the space, paving the way for the biggest year ever for the industry. Q1 2014 experienced a mind blowing 87 percent year-over-year growth versus Q1 2013."

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