Deepwatch
In early February 2023, Deepwatch raised $180 million in equity and strategic financing.
The financing is the result of participation from Springcoast Capital Partners and Splunk Ventures. Vista Credit Partners, a subsidiary of Vista Equity Partners, is a “strategic credit and financing partner.”
Deepwatch provides early detection and response to cyber threats and tailored guidance from its experts to help clients mitigate risk and improve an organization's security posture.
The company has raised over $256 million in the last five years, with $53 million in 2020 and a $23.3 million raise in 2019. According to Tampa Bay Business Journal research, the company had $120 million in revenue as of 2021.
The latest funding was slated to help Deepwatch meet “record” customer demand and advance its platform, it told the Business Journal.
Healthmap Solutions
In August, Healthmap Solutions Inc. shored up its balance sheet with $100 million in new funding from its largest investor, New York private equity firm WindRose Health Investors.
Healthmap, a population health management company that works with health plans and providers to identify more efficient treatment practices and improve clinical outcomes, puts its fees at risk if savings aren’t realized.
After significant growth, CEO Eric Reimer told the Business Journal the capital is primarily for providing extra assurances to the Tampa-based company’s health plan partners, which guarantees a certain amount of cost savings on care for chronic kidney disease patients.
Meanwhile, the company has reduced unnecessary inpatient costs by 30% for the roughly 160,000 patients it works with across 30 states, representing roughly $3 billion in medical expenses in total, Reimer said.
