Practice Fusion announces additional financing

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Practice Fusion announces additional financing
Practice Fusion announces additional financing

 

Practice Fusion has announced a $70 million Series D financing round. The new funding brings the company's total capital raise to $134 million. The investment will accelerate Practice Fusion's “continued leadership in the electronic medical record (EMR) market, expand its offerings to patients and power new clinical data research and development,” the company said.

Practice Fusion said it has experienced significant revenue growth, increasing 300 percent from 2012. Its EHR features include e-prescribing, medical charting, scheduling, EMR for iPad and labs and imaging.

Practice Fusion also announced recently that Beth Seidenberg, M.D., general partner at KPCB, has joined its Board of Directors.