Tag Archive for: raised

Money Moves: McLean healthcare workforce platform ShiftMed raised $45M


ShiftMed, a McLean, Virginia-based management platform for healthcare workers, raised $45 million this week. The round was led by industry investors, Panoramic Ventures and Healthworx, the innovation arm of CareFirst. Additional participants included Blue Heron Capital, Motley Fool Ventures and 3TS Capital Partners.

The funding from the raise will be used to continue developing ShiftMed’s products as well as expanding its footprint nationally. In the third quarter of 2021, over 200,000 patients used ShiftMed and its hired over 10,000 nurses since its inception.

“Now more than ever, credentialed caregivers are needed to support our hospital, post-acute, and in-home business segments. ShiftMed’s software platform allows our customers real-time access to the workers they need,” said Todd Walrath, ShiftMed CEO, in a statement. “We are excited to accelerate our mission of building a global community of engaged health care professionals.”

###

Fairfax, Virgnia-based software developer 3Pillar has landed a strategic growth investment from an affiliate of H.I.G. Capital, the company announced this week.

With the investment, 3Pillar said it will continue the company’s growth, including adding members to the team. It is currently hiring data analysts, UX designers, engineers and salespeople for its Fairfax headquarters, but the company is fully remote with a “work from anywhere” policy.

“These past 18 months created an opportunity for accelerated growth in the digital transformation market, and 3Pillar rose to meet that need,” Margaret Irons, 3Pillar VP of marketing and communications, told Technical.ly. “This new partnership with H.I.G. Capital will allow us to maintain our current strategic growth, mature our development systems, and help hire and develop the top talent in the industry. This investment will strengthen our momentum going into 2022, and we are excited for what our future holds.”

Earlier this year, the company acquired Europe-based developer Software Development Europe.

###

DC financial edtech firm MPower Financing, which caters to international and DACA students, is doubling its student lending limit.

MPower announced this week that it would be raising its…

Source…

Alarms raised on reliability, security of pricey ballot-marking voting machines

But computer security experts are warning that these so-called ballot-marking devices still pose too much of a risk. Ballot-marking machines were initially developed not as primary vote-casting tools …
computer security – read more

2 Insurance Coverage Issues Raised By Cyber Warfare – Law360

2 Insurance Coverage Issues Raised By Cyber Warfare  Law360

As politics and cyberrisks become increasingly intertwined, policyholders and insurers alike would benefit from more certainty in relation to the cyber insurance …

“cyber warfare news” – read more

Confide Updates App After Critical Security Issues Are Raised

The makers of the popular messaging app Confide said Wednesday it has patched multiple security vulnerabilities that could have allowed hackers to intercept messages sent using its secure end-to-end messaging platform.
Threatpost | The first stop for security news