Kareo Gets $10M In VC Financing

Kareo, the provider of easy and affordable cloud-based practice management and medical billing software for physicians in the U.S., has secured a $10 million equity investment. The investment round was led byGreenspring Associates.

OpenView喉管e Partners,Western Technology Investmentand angel investorTravis Kalanickalso participated in the fundraising process. The company will use the proceeds to boost its sales and marketing initiatives targeting small physician practices, increase its product offering and support its channel partnerships.

Click here for the release fromPR Newswire.