A cloud-based app suite, CareCloud attempts to modernize the process of being a healthcare provider; physicians can use CareCloud’s web-based apps to streamline the managing of their businesses as well as collaborate with other doctors in the CareCloud’s healthcare provider social network.

This most recent round of CareCloud financing is notable because it is entirely from angel investors, with no participation from traditional VCs. Says CareCloud Director of Marketing Mike Cuesta, “A lot of the investors are new, but in terms of the names, we decided not to mention anyone in specific as there really isn’t anyone who is a ‘celebrity angel’, per se.”

According to Santalo, CareCloud plans on using the money to bolster software development and infrastructure to manage the “explosive growth” the service has had since their last series of funding and product launch in March.

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Authors: Alexia Tsotsis

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