1) RightCare, a Horsham patient-evaluation software maker, has raised $4 million from NewSpring Capital, Radnor, to build a national sales and marketing system. RightCare, which says it developed its Discharge Decision Support System (D2S2) software "through a decade of research" at Penn's Nursing school, was founded by CEO Eric Heil and Dr. Kathy Bowles. As part of the deal, NewSpring's Brian G. Murphy joins the RightCare board. In a statement, Murphy said RightCare's focus on "reducing readmission risk," as insurers and the U.S. government seek to cut hospital spending, gives RightCare "a tremendous opportunity to grow."
2) RJMetrics, a Center City firm that consolidates business data into a "cloud-based warehouse" for mobile, online and software-as-a-service applications, said Monday it has raised $16.5 million from new investor August Capital and past investors Trinity Ventures and SoftTech Venture Capital. The firm had raised $5.5 million from Trinity, SoftTech and "angels" previously. "RJMetrics plans to use the funds to hire more engineers" and expand its current base of 300 customers, according to RJMetrics cofounder and CEO Robert Moore.
3) Cloudnexa, a Navy Yard-based cloud managed services provider that's an authorized reseller in the Amazon Web Services (AWS) Partner Network, says it has struck a deal with machine-data specialist Sumo Logic, security software maker TrendMicro and business software monitor AppDynamics to market a joint solution to government, healthcare, construction and other AWS clients. The deal allows the companies "to bundle with our managed-services solution," Cloudnexa chief executive Joel Davne told me. "A key part was getting them to convert their existing pricing models into utility pricing," with no lock-in requirement, "so they don't get soaked with professional service fees from traditional system integrators. It positions us nicely to meet more customer requirements." The company employ 15 and expects rising sales and a new investment round will fuel growth.