LindaCare closes a 1.5M Series A financing round to launch its activities in Europe
Leuven, Belgium: 4 December 2015 - LindaCare, a software company specializing in the field of tele-monitoring solutions for chronic disease patients, has announced the closing of a € 1.5 million Series A financing round, led by Capricorn Venture Partners. The funding will be used to support the development and launch of LindaCare's product in key markets in Europe. LindaCare's first version of the product is a web-based software platform for the tele-monitoring of patients suffering from chronic heart failure (CHF) and cardiac arrhythmia with Cardiac Implanted Electronic Devices (CIED), estimated today at about 10 million patients worldwide. Part of the proceeds will also be used to extend the software tele-monitoring platform into other chronic disease areas such as chronic obstructive pulmonary disease (COPD).
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