ClearDATA Gets $25M More

Phoenix-based ClearDATA, which provides cloud-based software for the healthcare industry, has raised $25M in a Series C funding, the company said today. The funding came from Heritage Group, HLM Venture Partners and Flare Capital Partners, plus Norwest Venture Partners, Merck Global Health Innovation Fund and Excel Venture Management. The company said the funding round was oversubscribed. ClearDATA is led by Darin Brannan, and offers up cloud-based, subscription services focused on cloud-based medical data backup, managed services, virtual desktops, disaster recovery, and other related areas. More information »