Providence's health capacity management system has been spun off with $20m from investors including Providence Ventures and Kaiser Permanente Ventures

US-based digital health technology developer DexCare has raised $20m from investors including Kaiser Permanente Ventures and Providence Ventures, on behalf of healthcare providers Kaiser Permanente and Providence Health.

Venture capital firm Define Ventures led the round, which also featured healthcare-focused VC firms Frist Cressey Ventures and SpringRock Ventures.

DexCare has built a software platform that enables hospitals to manage large amounts of data in order to efficiently allocate capacity and meet patient demand. The platform was developed by Providence in…

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