Global investment firm Francisco Partners, which partners with technology businesses, announced that it has signed a definitive agreement to acquire bswift from CVS Health for an undisclosed amount.
The acquisition is expected to close in the fourth quarter, subject to the satisfaction of standard closing conditions.
bswift was founded in 1996, and has since provided software and services to help...
This morning Zocdoc, a health tech company best known for its appointment-booking and doctor-search tool, announced a whopping $150 million raise, led by Francisco Partners.
Zocdoc was first founded in 2007, which as digital health companies go makes it a veteran in the space. This isn’t the company’s first major raise. In 2015, it scored $130 million.
WHAT IT DOES?
Patients can use the platform...
Kyruus, a provider search and scheduling tool for health systems, announced yesterday that it has garnered $30 million in funding from Francisco Partners.
In late December, Kyruus scored $42 million in Series D funding. With this new investment, the company’s total funding is over $155 million.
WHAT THEY DO
Kyruus delivers search and scheduling to let health systems connect patients with the best...
Private equity firm Francisco Partners has acquired Qualcomm Life, the Qualcomm subsidiary focused on medical device connectivity. The terms of the acquisition were not disclosed.
Qualcomm Life will spin out as a new company under the name Capsule Technologies — the name of a clinical data management company that Qualcomm acquired in 2015. The new Capsule Technologies will continue to use the...
Brookfield, Wisconsin-based Connecture, an online health insurance marketplace platform, has raised $17.5 million in new financing, according to an SEC filing, with San Francisco-based Francisco Partners leading the round. This brings the company’s total funding to nearly $132 million.
Founded in 1999, Connecture makes a variety of SaaS products to connect health plans, payers and government...