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17 May 2012

Osage backs InstaMed

InstaMed previously raised $6m in September 2010 to take its then-total to $22m.

Author: James Mawson

InstaMed, a US-based healthcare payments network, has raised $14m from "more than 90%" of its existing venture investors, one new fund and angels.

InstaMed previously raised $6m in September 2010 to take its then-total to $22m.

Those backers include Benjamin Franklin Technology Partners, NJTC Venture Fund, US Bank, Ashby Point Capital and Osage Ventures, which backs university spin-outs. Earlier in the month, Osage backed Carnegie Speech's $3.4m series B round.

The InstaMed Network powers healthcare payments for over 200,000 providers nationally with tens of billions of dollars in healthcare payments processed.

Copyright Mawsonia Limited 2010. Please don´t cut articles from www.globaluniversityventuring.com or the PDF and redistribute by email or post to the web without written permission.

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