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Finance

Communication network provider raises $3 million in financing

Published in Medical Devices and Surgical Technology Week, May 22nd, 2005

RMD Networks, Inc., announced that the company has secured $3 million in series A financing to fund a technology that fosters system communication within the healthcare community.

The investment was led by Sevin Rosen Funds, a top-tier venture capital firm, and facilitated through a partnership with Vesalius Ventures, a telemedicine venture capital accelerator.

RMD Networks' collaborative care networks (CCN) is a secure, Web-based system that provides the framework to interconnect physicians, patients and other members of the healthcare community to facilitate communication and interoperability within the healthcare system. It reduces communication...

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