Existing backer M12 reinvested in Innovaccer, pushing the total raised by the healthcare data management platform past the $120m mark.

US-based healthcare data software developer Innovaccer has raised $70m in a series C round featuring M12, the corporate venturing subsidiary of software producer Microsoft, TechCrunch reported yesterday. Mubadala Capital, an investment firm owned by the government of Abu Dhabi, also took part in the round, as did asset manager Steadview Capital, hedge fund manager Tiger…

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