China-based medical software provider LinkedCare has raised RMB200m ($30.6m) in a series C2 round backed by cosmetic procedure booking service So-Young International.
Lightspeed China Partners led the round, which included fellow venture capital firm Matrix Partners China.
Founded in 2015, LinkedCare develops cloud-based management software that helps a customer base of about 30,000 cosmetic surgery and dental clinics organise staff training and manage appointments and the maintenance of their medical equipment.
The company will use the funding to further develop its software and boost recruitment for its sales teams. It raised $14.8m in an April 2019 series C1 round that included Taikang Asset Management, a subsidiary of insurance firm Taikang Life, and Everest Venture Capital.
LinkedCare secured an undisclosed amount in series B-plus funding from local services portal Meituan Dianping in September 2018 that came after it closed a $15.1m series B round backed by Fosun Pharma, a subsidiary of diversified conglomerate Fosun, in 2017 according to Yicai Global.
The company disclosed a total of $20m in funding in 2016 across a series A round led by medical community platform DXY and a series A-plus round led by a subsidiary of Fosun. Matrix Partners China had already invested an undisclosed amount the year before.