Validic, which has developed technology to link health data across multiple platforms and is backed by Dallas Mavericks owner Mark Cuban, has closed on $12.5 million in new financing.
Kaiser Permanente Ventures is the lead in the latest financing, which was announced Tuesday. Validic raised $5 million last August.
The company plans to increase hiring with jobs available in a variety of areas.
Earlier this month, Vlaidic reported rapid growth and strong expansion of its network
“With millions of individuals now using wearables, applications and clinical in-home devices to track and manage their health, it is more important now than ever that this data is accessible to healthcare providers,” Validic CEO Ryan Beckland said in a statement published at MobiHealth news. “We have built an enterprise digital health platform to power this integration for healthcare companies allowing them to focus on driving their core technologies and programs, which are going to be vital to the future success of healthcare. 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.”