Article: Financings roundup.

Financings roundup

RelayHealth adding $10M round; RTS over-allotments exercised

A Medical Device Daily Staff Report

RelayHealth (Emeryville, California), a provider of online doctor/patient communication services, reported completing a $10 million financing round, led by Conning Capital Partners and also including continued support from existing investors: US Venture Partners, Venrock Associates, Lilly Ventures and SI Venture Management.

The company said the proceeds will be used to fund expanded product capabilities and regional operations in response to the rapid growth in its roster of reimbursing health plan customers in key U.S. ...

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