TechCrunch — August 15, 2013
CareCloud has followed up the $20 million that it received in June with a new $9 million investment from Adams Street Partners. The new investment brings its total funding to $55 million.
The oversubscribed $20 million Series B round was led by Tenaya Capital and included existing investor Intel Capital and Norwest Venture partners. Adams Street, a private equity firm, was added to the Series B round to fill out the over-subscription.