Protenus raises $17M in Series C funding round

BALTIMORE - Healthcare analytics compliance company Protenus raised $17 million in new funding, its leadership announced this week. The Series C round was led by LTP, which focuses on investments in health IT and services companies. Also participating in the round were Kaiser Permanente Ventures, F-Prime Capital, Arthur Ventures, Lionbird and Providence Ventures. Founded in 2014 by Nick Culbertson and Robert Lord, Protenus’ platform uses AI to provide visibility for healthcare systems into how data is being used. It’s designed to help organizations proactively address issues that could be a problem, such as inappropriate access to patient data.