TEL-AVIV, Israel--(BUSINESS WIRE)--June 28, 2005--dbMotion, which develops and markets Virtual Patient Record technology, completed a $10.2 million financing round (Series B) led by Gemini Israel Funds. Existing shareholders, Vertex Venture Capital and Pitango Venture Capital, also participated in this round. In its previous financing round, in early 2004, dbMotion raised $6 million from Vertex and Pitango.
The dbMotion(TM) Solution creates secured Virtual Patient Records by logically connecting a group of care providers and organizations without data centralization. The Solution puts integrated patient information at caregivers' fingertips, enabling clinical staff to make better care decisions, shorten care cycles and improve the quality of care. It enables authorized medical staff to retrieve medical information on demand, subject to the appropriate access authorizations; and its deployment is achieved without the necessity of replacing existing information systems.
