Avizia raises $11 million for telehealth video expansion

Telemedicine startup Avizia recently raised $11 million in its first round of funding, a milestone that will help the Reston, Virginia-based company further expand its telehealth video chatting platforms.

Avizia, founded in 2013, is a subsidiary company of technology giant Cisco that offers managed telemedicine platforms to providers that link mobile software, traditional carts and peripherals to a provider’s EHR and back-end systems.

The new funding led by Blue Heron Capital, Lavrock Ventures, NextGen Venture Partners, Middleland Capital, Waterline Capital and Blu Ventures brings the company’s total funding to $19.5 million.

Avizia serves providers in 36 countries.

Katherine Davis,

Senior Writer

As a Senior Writer for TriMed Media Group, Katherine primarily focuses on producing news stories, Q&As and features for Cardiovascular Business. She reports on several facets of the cardiology industry, including emerging technology, new clinical trials and findings, and quality initiatives among providers. She is based out of TriMed's Chicago office and holds a bachelor's degree in journalism from Columbia College Chicago. Her work has appeared in Modern Healthcare, Crain's Chicago Business and The Detroit News. She joined TriMed in 2016.

Around the web

The tirzepatide shortage that first began in 2022 has been resolved. Drug companies distributing compounded versions of the popular drug now have two to three more months to distribute their remaining supply.

The 24 members of the House Task Force on AI—12 reps from each party—have posted a 253-page report detailing their bipartisan vision for encouraging innovation while minimizing risks. 

Merck sent Hansoh Pharma, a Chinese biopharmaceutical company, an upfront payment of $112 million to license a new investigational GLP-1 receptor agonist. There could be many more payments to come if certain milestones are met.