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AristaMD Finds $18M In Series B Funding

San Diego-based AristaMD, a developer of telehealth software, which allows primary care providers to conduct and document electronic medical consultations, has raised $18M in a Series B funding round. The funding was led by Cigna Ventures and MemorialCare Innovation Fund (MCIF), and also included Avalon Ventures, CU Healthcare Innovation Fund and Stanford Health Care. The company said the funding will go to towards accelerating expansion of its platform across the country. The company said that there are approximately 20 million routine specialist referrals that could be addressed by electronic consultations. AristaMD is led by CEO Brooke LeVasseur. More information »