Health Catalyst raises $41 million in funding

Posted Jan 28, 2014

Health Catalyst has raised $41 million in funding from Sequoia Capital, Norwest Venture Partners, Kaiser Permanente Ventures, Sorenson Capital, CHV Capital and Partners Healthcare. Health Catalyst plans to use the funding for product development over the next 2 years, including clinical applications. Based in Salt Lake City, Health Catalyst said that their bookings increased fivefold year-over-year. The company is expecting to be positive cash flow during the calendar year.
[Source: TechCrunch]