[Updated, 1:40pm. See below] One of Boston’s most intriguing health IT startups just got a little richer. Kyruus, which makes analytics software for hospitals and health systems, has raised $25 million in new funding.
By our count, that’s $56 million in total funding for Kyruus, which has 110 employees. [Updated figures from company representative—Eds.] The new money comes from New Leaf Venture Partners, along with Providence Health & Services, Leerink Capital Partners, McKesson Ventures, and previous investors Venrock, Highland Capital Partners, Lux Capital, and Fidelity Biosciences (quite a list).
Kyruus says its software is being used to manage physician scheduling and referrals by some 20,000 healthcare providers. Some recent customers include Keck Medicine of the University of Southern California, Community Health Network in Indiana, Mercy Health in Ohio, and Swedish Medical Center in Seattle.
Kyruus got started in 2010, led by co-founders Graham Gardner and Julie Yoo. The startup is known for its “Moneyball for doctors” approach to using big data to match physicians’ expertise to patient needs.
Author: Gregory T. Huang
Greg is a veteran journalist who has covered a wide range of science, technology, and business. As former editor in chief, he overaw daily news, features, and events across Xconomy's national network. Before joining Xconomy, he was a features editor at New Scientist magazine, where he edited and wrote articles on physics, technology, and neuroscience. Previously he was senior writer at Technology Review, where he reported on emerging technologies, R&D, and advances in computing, robotics, and applied physics. His writing has also appeared in Wired, Nature, and The Atlantic Monthly’s website. He was named a New York Times professional fellow in 2003.
Greg is the co-author of Guanxi (Simon & Schuster, 2006), about Microsoft in China and the global competition for talent and technology. Before becoming a journalist, he did research at MIT’s Artificial Intelligence Lab. He has published 20 papers in scientific journals and conferences and spoken on innovation at Adobe, Amazon, eBay, Google, HP, Microsoft, Yahoo, and other organizations. He has a Master’s and Ph.D. in electrical engineering and computer science from MIT, and a B.S. in electrical engineering from the University of Illinois, Urbana-Champaign.
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