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.