News

Apr 18, 2024

Parker Health raises $25M Series A round

Listen to this article 3 min Parker Health, the maker of a cloud-based platform for improving interoperability between programs used by health providers, has raised $25 million in Series A funding.

Listen to this article 3 min

Parker Health, the maker of a cloud-based platform for improving interoperability between programs used by health providers, has raised $25 million in Series A funding.

The company, which has dual headquarters in D.C. and Dallas, said it will use the funding to expand its medical technology and to increase its headcount.

The round was led by “angel syndicate” Bias Capital and included participation from D.C. venture firm L’PAJ Ventures, Sheridan, Wyoming, investment firm CGT Capital Group and “other angel investors and family offices,” Parker Health said in its announcement Wednesday.

Parker Health said the round brings its lifetime funding to $26.3 million since its founding in 2020.

Parker Health founder and CEO Vincent Lopez is also managing partner of L’PAJ Ventures. Parker Health is a member of the Sequoia Project, a Vienna-based advocacy group for improving accessibility of health information. Parker Health also has offices in Menlo Park, California.

It says its platform “unifies” patient-centric data like biometrics, diagnostic tools, patient outcomes, care delivery, practitioner engagement, pharmaceuticals and more.

Maximillian Naza, a Los Angeles-based principal of Bias Capital, is joining Parker Health’s board as part of the deal.

IronNet Inc., a McLean cybersecurity firm founded by former National Security Agency director and retired Army Gen. Keith Alexander, said Wednesday that Linda Zecher has been appointed the company’s new CEO.

Alexander is moving into a nonexecutive chairman role with the company. He had been co-CEO with William Welch until September, when Welch resigned from his post at the same time Chief Financial Officer James Gerber left for another job. The company has been facing insolvency for much of the past year.

Zecher’s appointment was effective immediately. She was most recently chairman of investment firm C5 Capital, which last month entered a joint venture with Cohen Circle to provide operational capital for IronNet in a deal that will take the company private.

Zecher is also board member with Rhode Island-based toy maker Hasbro and Columbia, Maryland, cloud-based cybersecurity firm Tenable.

IronNet also said current CFO Cameron Pforr is moving into the role of president with the company.

Shares in IronNet closed trading Wednesday down 5.5% at $0.20.