Venture capital funding for health IT companies continues at a furious pace reaching $956 million in the third quarter of 2014 with total VC funding year-to-date adding up to $3.6 billion, according to Mercom Capital Group.
Though that amount is about half of the $1.8 billion raised in the record-breaking second quarter of this year, Q3 2014 had a record number of venture VC deals212 compared to 161 in Q2 2014 the second highest quarter for VC funding since 2010. Overall, funding for health IT has now reached nearly $7.6 billion in 1,344 deals during the past four years.
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