Software company raises $5.5M to expand blockchain use in healthcare

Denver-based BurstIQ closed a $5.5 million Series A funding round in partnership with capital investing firm Elsewhere Partners.

BustIQ is among the companies looking to influence healthcare with blockchain-based solutions. The company has developed a HIPAA-complaint blockchain platform for data management, data ownership and granular consent.

With the $5.5 million, BurstIQ will continue developing its blockchain platform as it expands in the healthcare space.

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