Practice Fusion raises $70M led by Kleiner Perkins for electronic health records


In one of the biggest digital health deals of the year, electronic health records company Practice Fusion has raised $70 million in a Series D round led by Kleiner Perkins Caufield and Byers. The round, which brings the company’s total amount raised to $134 million, is meant to help Practice Fusion expand to more patients and fuel more clinical data research and development.

In addition to existing investors like Artis Ventures, Morgenthaler Ventures and Felicis Ventures, the company said institutional healthcare crossover funds OrbiMed Advisors and Deerfield Management Company also joined the round as new investors. The news comes a few months after VentureBeat reported that the company was raising $60 million in a Series D round.

As we’ve covered before, plenty of companies – from new startups like ElationEMR and CareCloud to legacy firms like Cerner and Epic – offer services for digitizing medical information. But, over the past…

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