Venture capitalists contributing to the efforts of Software as a Service...or Web 2.0..as it is also known....BD

HealthEdge, a vendor of software for managed care organizations, has received a $13 million investment commitment from Psilos Group, a New York-based health care venture capital and private investment firm.image

The Burlington, Mass.-based vendor will use the financing to help increase sales and enhance its software capabilities. It offers claims, benefits administration, business intelligence and portal applications for health plans, third party administrators, and other insurers.

HealthEdge is a Microsoft Empower for ISVs partner. We have partnered with Microsoft to develop the HealthRules using .NET technology.

HealthEdge Gets $13 Million

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