Analytics Vendor Raises Funds

Data analytics firm MedVentive Inc. has raised $10 million in a funding round from new and existing investors.

Clarian Health Ventures, the investment arm of Indianapolis-based Clarian Health Partners, a delivery system with 20 owned or affiliated hospitals, is a new investor. Existing investors Core Capital Partners, Excel Venture Management, HLM Venture Partners and Long River Ventures also contributed.

Waltham, Mass.-based MedVentive sells business and clinical trend analysis and reporting software. The analytics software pulls data from multiple information systems into a data warehouse and provides tools to analyze and report findings. In essence, data from different silos across an organization become assessible in a single silo, according to the vendor.

More information is available at medventive.com.

--Joseph Goedert

 

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