MemorialCare Health system contributed to a round that took healthcare communication platform PerfectServe's funding to about $35m since 2002.
MemorialCare Innovation Fund, an investment fund affiliated with healthcare system MemorialCare Health System, led a $21m series D round yesterday for US-based secure communications tool provider PerfectServe.
CHV Capital, the investment vehicle of Indiana University Health System, Piper Jaffray, River Cities Capital Funds and Ares Capital also committed money.
The company’s PerfectServe Synchrony platform enables healthcare professionals to securely communicate and collaborate with each other. PerfectServe, which was founded in 2000, claims to have more than 100,000 users.
The cash will be used to further develop the platform and launch more features. The company previously raised $10.9m in a 2012 series C round featuring MemorialCare Innovation Fund, CHV, Piper Jaffray’s private equity arm PJC Capital, River Cities, Village Ventures and Spring Mill Ventures.
PerfectServe secured $925,000 in 2003 and raised $2.5m in a 2002 series A round, according to regulatory filings.
Healthcare Equity Partners led a $6m investment in PerfectServe in 2000 with support from Banc One Equity Capital, Strategic Ventures and assorted angel investors, according to Business Courier. However, the claim could not be verified and those investors are not listed on PerfectServe’s website.