Silicon Valley-based predictive health analytics company Lumiata has raised $11 million in a funding round led by Khosla Ventures and BlueCross BlueShield Venture Partners. The round also included participation from Sandbox Industries, Intel Capital, and other unnamed investors.
The new backing will primarily be used to accelerate deployment of the company’s health analytics offering, according...
Funding for digital health startups will reach $6.5 billion by the end of 2017, up from $3.5 billion in 2014, according to a recent report from consulting firm Accenture. Digital health funding last year topped $2.8 billion.
“A digital disruption is playing out in healthcare that will change social interactions, alter consumer expectations and, ultimately, improve health outcomes,” Accenture...