Essence raised $61m from venture capital groups Camden Partners and Kleiner Perkins Caufield & Byers earlier this year.
Medical body Blue Cross Blue Shield Association’s corporate venturing unit managed by Sandbox Industries has invested $9m in Essence Group, parent company of medical technology company Lumeris.
Essence raised $61m from venture capital groups Camden Partners and Kleiner Perkins Caufield & Byers earlier this year.
Michael Long, executive chairman of Essence since May after he joined from the same role at peer Healtheon/WebMD, said: "Our investment offering was oversubscribed, but this presented a unique opportunity to add such high-quality, industry-savvy…
