Where They Go Next: NantHealth secured $137 million in financing in April to refinance debt; invest in its established platforms, NaviNet and Eviti; and expand Morrisville, N.C.-based OpenNMS Group Inc., an open-source network management company NantHealth acquired in July 2020. In its latest earnings report released May 6, NantHealth announced plans to expand OpenNMS to offer a cloud-based platform to supplement its “on-premise” offerings.
Quotable: “While we remain committed to managing our overhead costs, we have continued the ramp up of our investment in research and development to improve and expand the innovative solutions we bring to our customers.
— Nat Rubio-Licht
For reprint and licensing requests for this article, CLICK HERE.