US-based video conferencing tool Vidyo has received $15m in a funding round led by Kaiser Permanente Ventures, the corporate venturing division of healthcare conglomerate Kaiser Permanente.
Kaiser Permanente provided $10m, while the remaining capital was contributed by existing, unnamed investors.
Founded in 2005, Vidyo’s technology enables encrypted video chats, making the technology compliant with US regulations to protect the privacy of patients. It can be integrated into other healthcare products such as clinical carts and monitoring software for intensive care units.
Kaiser Permanente committed the money as part of a strategic partnership, though the two companies have not revealed specific details about their collaboration. The funding will support accelerated growth in unspecified vertical markets.
Vidyo has raised $163m to date. Junos Innovation Fund, the investment vehicle of networking equipment manufacturer Juniper Networks, participated in a $20m round in July 2014, a $17m round in 2013 and a $22.5m round in 2012.
Vidyo’s backers also include venture capital firms Menlo Ventures, Rho Ventures, Sevin Rosen Funds, Saints Capital, Four Rivers Group, ORR Ventures, Triangle Peak Partners and QuestMark Partners.
Jordan Kramer, director at Kaiser Permanente Ventures, said: “Kaiser Permanente Ventures is committed to partnering with innovative organisations that support our work to improve the health of patients and the communities we serve.
“We view our partnership with Vidyo, with its telehealth offerings that increase patient convenience and the overall quality of care, as advancing this strategy.”