A record number of health IT funding deals took place in the third quarter of this year but the total amount of money invested was down from a second-quarter high, according to a report from Mercom Capital.
A total of 212 venture capital funding deals took place in the third quarter, up from 161 last quarter. However, total funding came to $956 million, down from the $1.8 billion raised in the second quarter.
Mobile health startups remained an investor favorite, bringing in $345 million across 82 deals.
Investors have now poured almost $7.6 billion as part of 1,344 deals into the health IT industry since 2010.
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