On April 24, 2014, Hearst Corporation's healthcare group, Hearst Health, announced its acquisition of CareInSync, a software solutions company providing a real-time, mobile platform to improve patient care by enhancing communications between care providers and patients.
The company was succesfully sold to Zynx Health, a division of Hearst Health and had been funded by a syndicate led by HealthTech Capital in 2012.
MobiHealthNews article about the Hearst acquisition.
Healthtech and Digital Health investment doubled in 2013 to over $2 Billion.
However, over 73% went to seed and series A investments, with still a flat amount of deals funded by venture capitalists at the series B and C stages.
Are we going to see a growing funding crunch for all these young companies or will we see increasing VC investments?