Mercom

By Dave Muoio 04:10 pm April 16, 2020
Attacking misinformation head on. Big tech's war against online misinformation is raging hotter than ever with COVID-19. The latest update: Facebook will begin directly contacting users who liked, reacted or commented on "harmful misinformation" about the virus that was later removed by the social network. Facebook wrote this morning that the messages are set to deploy within the coming weeks,...
By Jonah Comstock 03:44 pm July 18, 2018
Venture capitalists invested a total of $2.4 billion in digital health in the second quarter of 2018, according to a new report from Mercom Capital Group. Mercom tracked 196 deals, an increase in deal count but decrease in funding from the first quarter's $2.5 billion across 187 deals. Comparing the year over year, the funding is a slight growth from $2.3 billion and 194 deals in Q2 2017. Funding...
By Jonah Comstock 02:29 pm April 17, 2018
Digital health companies raised $2.5 billion in VC funding in the first quarter of 2018, according to a new report from Mercom Capital Group. Mercom says the quarter, with 187 deals, is only the second since 2010 to top $2 billion. “Digital Health VC is off to a record start in 2018 with $2.5 billion beating the previous record of $2.4 billion from Q2 2017. Several large deals over $100 million...
By Bill Siwicki 05:05 pm April 17, 2017
Venture capital funding in the health IT sector almost doubled quarter over quarter for the first part of 2017, coming in at $1.6 billion in 165 deals compared to $845 million in 159 deals in Q4 2016, research firm Mercom Capital Group said in its new report.  VC funding in Q1 2017 also was up compared with Q1 2016, when nearly $1.4 billion was raised in 146 deals, Mercom Capital said. The...
By Jonah Comstock 06:14 am July 7, 2015
The year so far has seen 136 digital health investment deals over $2 million, for a total of $2.1 billion in funding according to Rock Health's mid-year report. Rock Health tracks a narrower range of digital health companies than others and only tracks deals over $2 million. That number puts the first half of 2015 just $70 million shy of 2014's first half and more or less on track to match 2014'...
By Jonah Comstock 09:30 am July 17, 2014
Healthcare information technology companies, including mobile and digital health companies, raised more than twice as much in total venture capital funding in the second quarter of 2014 as they did in the first, according to a new report from communications and consulting firm Mercom. "It was a quarter of several milestones," Raj Prabhu, CEO and cofounder of Mercom Capital Group, said in a...