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Forbes — June 18, 2013

CareCloud, a Miami, Fl.-based electronic health record vendor which delivers applications over the internet, announced it raised $20 million in series B funding. Tenaya Capital, a technology venture capital firm, led the investment which included returning investors Norwest Venture Partners and Intel INTC +2.1% Capital. The round brings total funding to $44 million. Competitors Practice Fusion and Kareo have raised a total of $70 million and $40 million respectively, in more advanced stages of funding.

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