Back in October of 2010 I wrote about the CareCloud financing of $5 million to add to their initial $2.3 million round of financing. Now the news is out that CareCloud has closed another $20 million in funding. The latest round of funding comes from Silicon Valley based Intel Capital and Norwest Venture Partners. It’s interesting to see them investing in a company based in Miami.
Needless to say, I think CareCloud is a really interesting company and I’m going to keep an eye on what they’re doing. Proof is in the pudding. Now they definitely can’t use lack of money as an excuse for their ability to achieve their Healthcare IT Platform vision.