Business
The company also laid off workers in the U.K. and Israel as it shifts focus to the U.S. market.
The company reported $33.3 million in revenue for Q1 2023 and a net loss of $8.8 million.
The jury was unable to reach a verdict in the case related to the Apple Watch's health monitoring capabilities.
The Boston-based company will use the investment to accelerate growth and expand its platform.
HIMSS23
Josh Rubel, MDClone's chief commercial officer, talks about the need for healthcare organizations to manage and protect large volumes of patient data and use it for clinical decision support while respecting security regulations.
The funds will be used to expand its reach.
HIMSS23
ONC senior advisor and innovation portfolio lead Stephen Konya, Moffitt Cancer Center VP of digital innovation Santosh Mohan and the Digital Medicine Society CEO Jennifer Goldsack describe their CancerX partnership.
The funds will be used to expand the company's team, further develop its platform and increase partnerships.
The company said it plans to use the Series A to expand in the U.K. and Europe, as well as to enter the U.S. market.
eVisit will add the virtual care management platform's digital front door and integrated language services to its offerings.