NantHealth, Inc. announced that it has received $22.5 million in funding from Highbridge Capital Management, LLC, Nant Capital, LLC
March 05, 2023
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NantHealth, Inc. announced a private placement of term loan facility for the gross proceeds of $22.5 million in a round of funding on March 6, 2023. The transaction involved participation from returning investors Highbridge Capital Management, LLC, Nant Capital, LLC. The company issued senior secured term loan in the transaction.
NantHealth, Inc. provides enterprise solutions that help businesses transform complex data into actionable insights. The Company is engaged in offering ways to move, interpret, and visualize complex and highly sensitive information to its customers in the healthcare, life sciences, logistics, telecommunications, and other industries to automate, understand, and act on data while keeping it secure and scalable. The Companyâs products include Eviti Connect and Eviti Advisor, NaviNet, NaviNet Open, NaviNet AllPayer, OpenNMS, and Quadris. Its product portfolio comprises the technology in payer/provider collaboration platforms for real-time coverage decision support (Eviti and NaviNet) and data solutions that include multi-data analysis, reporting, and professional service offerings (Quadris). In addition, The OpenNMS Group, Inc. (OpenNMS), a Companyâs subsidiary, helps businesses monitor and manage network health and performance.