Funding of start-up health information technology companies was hot during the first quarter of 2017, and not just in the United States.

Global venture capital funding during Q1 2017 reached $1.6 billion, nearly twice as much as during the fourth quarter of 2016, according to Mercom Capital Group. The deals were much bigger with 165 accounting for the $1.6 billion, while 159 deals in Q4 2016 garnered $845 million in investments. The average deal was $10.75 million, more than twice the size as average deals in the fourth quarter of last year.

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