Chennai Based Attune Technologies Secures $10 Million From Qualcomm and Norwest Venture

The healthcare technology company has secured $10 million in Series B funding from Qualcomm Incorporated. Attune will use the latest investment to expand its foothold in India and to accelerate its expansion into international markets like Africa, West Asia and South-East Asia.

Attune Technologies, a Chennai based healthcare technology company secures $10 million in Series B funding from Qualcomm Incorporated, through its venture investment group, Qualcomm Ventures, and Norwest Venture Partners.

Attune will use the latest investment to expand its foothold  in India. It will also utilize the funds to accelerate its expansion into international markets like Africa, West Asia and South-East Asia.

Prior to this, the company had raised $6 million in its Series A funding from Norwest Venture Partners in December 2010 and $1 million from Singapore-based Angel Investors from 2010 to 2012.

“This is an exciting moment for us. Healthcare in India is constantly evolving and many organizations are adopting global best practices that can enhance the quality of healthcare delivery in India. Technology is at the core of what we do at Attune. We are constantly upgrading our technology and innovating new solutions to make healthcare affordable, seamless and efficient for the entire healthcare value chain,” said Arvind Kumar, Founder & CEO, Attune Technologies.

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