Validic Secures $12.5 Million in Funding

Validic www.validic.com a cloud-based digital health platform has secured a $12.5 million Series B round led by Kaiser Permanente Ventures, the corporate venture capital arm of Kaiser Permanente. Since launching Validic in 2010, the company has increased their client population reach to over 160 million in 47 countries and now is able to integrate with over 175 fitness and clinical devices and applications.

Validic continues to add clients within a variety of healthcare segments to include pharma, providers, insurance companies, plus wellness and healthcare technology companies. Two of the technology companies include Cerner www.cerner.com and MEDITECH http://ehr.meditech.com both of which are using the Validic platform to integrate mobile health and in-home clinical device data into patient portals.

According to Ryan Beckland, CEO and Co-Founder of Validic, “We have built an enterprise digital health platform so that healthcare companies are now able to focus on driving their core technologies and programs. With this investment, we will continue to build out our team and product offerings to fuel the utilization of digital health data to transform healthcare.”