Validic

The contract research organization will be able to use Validic's technology to improve the frequently costly, lengthy recruitment process for clinical trials.

The company's network has been extended by adding 68% more integration partners over the last year, bringing the company's total supported devices to over 215.

Validic's platform will enable HealthShare to incorporate data generated outside of the caregiver setting back into the patient's clinical record.

The remaining 41% are on schedule with implementing and executing their strategy, according to Validic's survey of more than 450 healthcare organizations.

The two parties are integrating their respective technology platforms to drive patient-centric research by including data from sensors, wearables and apps.

The company enables its clients to easily integrate data captured by over 175 different fitness and clinical devices into their health IT systems.

The platform enables startups to build their devices directly to the Validic marketplace connecting them to healthcare providers, pharma, wellness and payers.

The data, presuming the patient gives his/her consent, will be sent to their EMR, giving nurses and physicians visibility to their health on a daily basis.

To support its growth, the company has just closed a $5 million Series A investment round, co-led by Greycroft Partners and SJF Ventures.

The acquisition accelerates Validic's current market reach to a broader and more diverse spectrum of clinical device integrations.