Arcadia records $30m in investment

Jan 6, 2017 • Thierry Heles

Merck & Co and General Electric have contributed to a $30m funding round for Arcadia Healthcare Solutions, a healthcare data analytics technology producer.

Arcadia Healthcare Solutions, a US-based data aggregation and analytics technology developer focused on electronic health records (EHR), received $30m in funding on Thursday from investors including conglomerate General Electric (GE).

GE participated through its corporate venturing arm, GE Ventures, and was joined by pharmaceutical firm Merck & Co’s Global Health Innovation Fund (GHI), health insurer Blue Cross Blue Shield of Massachusetts’ Zaffre Investments unit, Peloton Equity and Morgan Stanley Alternative Investment Partners.

Founded in 2002, Arcadia aggregates and analyses data…

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