A Boca Raton medical technology company, Modernizing Medicine, announced it has secured $15 million in new financing for an expansion that should create 100 new jobs over the next year. <\/p>\n
The fast-growing electronic medical record and data company will use the proceeds to develop new products that increase efficiency for doctors, improve patient outcomes and transform healthcare, Chief Executive and Co-founder Dan Cane said Tuesday. <\/p>\n
With Modernizing Medicines iPad app, dermatologists and other doctors can access critical data to compare treatment results and update medical records. Cane, a co-founder of education software company Blackboard, used by universities nationwide, returned to his Palm Beach County home in 2010 to start Modernizing Medicine with Dr. Michael Sherling. <\/p>\n
The latest round comes from existing investors led by Summit Partners and Pentland Group, many of whom are medical specialists who use the companys app, Modernizing Medicine said. <\/p>\n
The firm, which now employs about 200 people, reported $17.5 million in annual revenue last year. <\/p>\n
This story will be updated. Check back for more information. <\/p>\n
mpounds@sunsentinel.com<\/a> or 561-243-6650 <\/p>\n <\/p>\n Read the original here:<\/p>\n Boca medical tech firm Modernizing Medicine secures $15 million from investors<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" A Boca Raton medical technology company, Modernizing Medicine, announced it has secured $15 million in new financing for an expansion that should create 100 new jobs over the next year. The fast-growing electronic medical record and data company will use the proceeds to develop new products that increase efficiency for doctors, improve patient outcomes and transform healthcare, Chief Executive and Co-founder Dan Cane said Tuesday. Continue reading