Atigeo, a compassionate technology company and developer of the xPatterns Big Data Analytics platform, announced today that it has secured growth financing from Ascension Ventures. Atigeo also announced the appointment of Victor Kats, Managing Director of Ascension Ventures, to Atigeo’s Board of Directors.
‘Adding Ascension Ventures further aligns us as we continue to build critical healthcare applications that enable enhanced patient care, operational efficiency and risk mitigation’
Ascension Ventures’ investment was part of a larger $18 investment round. 4 million, including both new and current investors.
‘Adding Ascension Ventures further aligns us as we continue to build critical healthcare applications that enable enhanced patient care, operational efficiency and risk mitigation,’ said Michael Sandoval, founder and CEO of Atigeo. ‘We are also very pleased to welcome Ascension Ventures Managing Director and Healthcare Veteran, Victor Kats, to our Board of Directors and to believe that his experience will contribute to the success of our healthcare offerings. ”
‘We have observed the ability of xPatterns to convert raw data from multiple sources, structured or unstructured, into highly relevant and accurate information that can be used by our limited partners in a variety of clinical, financial and operational applications,’ Kats said. ‘The total time for this process has taken days and weeks, not months and years, which is unique and disruptive in the world of healthcare analysis. We consider Atigeo to be strategic for the health sector at large ”
Atigeo’s xPatterns platform quickly streamlines the most cumbersome steps in data science and analytics, and unlocks insights that decision-makers can use to anticipate and address the most complex business issues.
On Atigeo
Atigeo is a compassionate technology company for a smarter planet. The xPatternsTM platform, Atigeo’s flagship Big Data Analytics product, generates knowledge from all available data to provide previously unforeseen insights, predict outcomes, and mitigate risks. xPattern’s revolutionary analysis is localized, responsive, adaptive and automated, which means that organizations can quickly deploy a solution, expand existing technology investments, broad scale, and apply learning in a timely manner to solve the most complex business problems. Atigeo serves clients across healthcare, cyber, defense, energy and financial services. Additional information can be found atigeo Com or Twitter and LinkedIn
Ascension Ventures
Ascension Ventures (www) Ascension adventures Org), launched in 2001, is the subsidiary of Ascension, the nation’s largest Catholic and non-profit health care system. The role of Ascension Ventures is to build and manage a strategic investment portfolio that delivers risk-based investment returns, has the potential to transform the healthcare industry and significantly enhances the experience of patients, their families and their caregivers. Ascension Ventures has three venture funds with $550 million of committed capital under management. The limited partners include Ascension, Catholic Health Initiatives, Decatur Memorial Hospital, Dignity Health, Intermountain Healthcare, Mercy and Trinity Health.
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