Kareo Receives $10,000,000 New Financing Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4ea30da9-2df8-42eb-9a37-8dcbdd08e932&Preview=1 -
Date
10/6/2011 -
Company Name
Kareo -
Mailing Address
111 Academy Dr. Irvine, CA 92617 -
Company Description
Kareo offers the first on-demand revenue cycle automation software for medical billing companies. Kareo connects medical billing professionals with healthcare providers on one system to share information and coordinate workflow across organizational boundaries. Kareo makes the collection of physician revenues fast, easy, and predictable. -
Website
http://www.kareo.com -
Transaction Type
Venture Equity -
Transaction Amount
$10,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
Kareo will use the new capital to aggressively expand its sales and marketing initiatives targeting small physician practices, enhance its product offering, and support its channel partnerships. -
M&A Terms
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Venture Investor
Greenspring Associates -
Venture Investor
OpenView Venture Partners -
Venture Investor
Western Technology Investment -
Venture Investor
Individual Investor
