Calabasas, Calif.-based Aligned TeleHealth, a telemedicine solutions provider, has secured $12 million in series A financing from Boston-based SV Life Sciences.
Aligned TeleHealth, which serves health systems, hospitals and nursing facilities in four states, said it will use the financing to help grow its business and assist more underserved patient populations.
SVLS is an international life sciences venture capital firm.
With the financing, two individuals — Michael Balmuth, a partner of SVLS, and Gene Hill, SVLS' chairman — have joined Aligned TeleHealth's board of directors.
In addition, current Aligned TeleHealth board member Deepak Chopra has invested in the company. Mr. Chopra is the founder, CEO and chairman of Hawthorne, Calif.-based OSI Systems.