Intermountain Healthcare Innovation Fund invests $1M in Redox

Salt Lake City-based Intermountain Healthcare Innovation Fund invested $1 million in follow-on funding to Redox's Series B fundraising round.

The Madison, Wis.-based healthcare interoperability startup closed its Series B round at $10 million. The round was led by RRE Ventures with participation from .406 Ventures, HealthX Ventures, Flybridge Capital Partners and Dreamit Ventures.

Intermountain Healthcare Innovation Fund is managed by Healthbox and affiliated with Salt Lake City-based Intermountain Healthcare.

"Redox is quickly becoming a standard in application interoperability," said Vivek Reddy, chief health information officer of Intermountain Healthcare. "Their platform has evolved into the largest network of enterprise healthcare applications with the ability to scale innovations across large health systems like ours."

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