The Austin American-Statesman covered the recent investment of $11.5 million by Austin Ventures and Austin-based Santé Ventures into Cleveland-based healthcare technology firm Explorys.
"Explorys was spun off from the Cleveland Clinic in 2009 to commercialize technology designed to help the hospital system analyze clinical data. Since then, a number of other major hospital systems have begun using Explorys' database of patient information."
Explorys says its system is one of the largest clinical databases in the world, with information on 10 million patients. Explorys told the Statesman that it will use the new money to double its 25-person staff and expand its server complex by adding capacity and data centers.
Austin Ventures general partner John Thornton said in the article, "Explorys is now positioned to quickly and effectively scale to the data needs of the health care providers. We are excited to provide an opportunity for them to continue their forward momentum and drive network growth."
Read the rest here.