$2 Million More for Practice Fusion EHR

Posted on January 13, 2012 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

News travels fast on Twitter and I couldn’t help but notice this tweet about Practice Fusion raising another $2 million.

You can see the full press release from Practice Fusion about the new funding here. Here’s the most important section of the release:

Stremel, who led Facebook’s mobile efforts, joins existing investors Ali Partovi, angel investor and co-founder of LinkExchange, and Hadi Partovi, angel investor and co-founder of Tellme, in the current investment. Including the $23 million Series B round of financing led by Founders Fund in 2011, Practice Fusion has raised over $38 million in total funding with investments from Band of Angels, Felicis Ventures and others.

Considering this is only a $2 million investment, this seems more like a strategic investor as opposed to Practice Fusion needing some extra cash. Considering the mobile experience of these investors you can easily see this being Practice Fusion moving aggressively into the mobile space. It could be a smart move since past efforts by Practice Fusion to go mobile have basically been a flop.