Attune Technologies, an Indian healthcare technology startup, has secured $10 million in Series B round of funding from Qualcomm Ventures along with the existing investor Norwest Venture Partners.
Founded in 2008, Attune is a healthcare technology company that offers an integrated cloud-based platform for healthcare delivery organizations. The Chennai-based company has a software platform that combines equipments like lab analysers and ICU machines to absorb diagnostic labs clinics and hospitals into a health network. Quite recently, the company was awarded with Frost & Sullivan healthcare IT services emerging company of the year 2015.
Arvind Kumar, CEO and founder of Attune Technologies, “Healthcare in India is constantly evolving and many organizations are adopting global best practices that can enhance the quality of healthcare delivery in India. Technology is at the core of what we do at Attune. We are constantly upgrading our technology and innovating new solutions to make healthcare affordable, seamless and efficient for the entire healthcare value chain.”
With the fresh fund raised, Attune Technologies plans to expand its operations in India and also enter into global markets like Africa, West Asia and South-East Asia. It targets at revolutionizing healthcare by offering its software solution to 25,000 hospitals and labs around the globe in the forthcoming three years.
The funding is Qualcomm’s first investment from its $150 million strategic venture fund in India, allocated for technology based startups. In the previous round of funding of Attune, it raised $6 million from Northwest Venture Partners in December 2010 and $1 million from Singapore-based Angel Investors sometime between 2010 and 2012.