Why healthcare startups fail and 5 that bit the dust in 2018
Healthcare VCs provided their thoughts on why startups die, followed by a roundup of five companies that didn't survive 2018.
Health IT startup CloudMine files for Chapter 7 bankruptcy
The Philadelphia company, which enabled organizations to create secure digital health applications, had raised capital from Safeguard Scientifics, Dreamit Ventures, Robin Hood Ventures and Ben Franklin Technology Partners and had customers like Thomas Jefferson University Hospitals and the American Heart Association.
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CloudMine builds role as a strategic player as healthcare organizations’ data needs deepen
CloudMine recently added a CEO to its business, which is aimed at helping healthcare organizations balance the evolving needs for new digital health technology, addressing regulatory needs and safeguarding patient data.