It takes an average of 17 years for medical research to spread and reach clinical practice. Chicago company Apervita has raised $18 million in funding to try to speed that up.
The health analytics marketplace, founded in 2012 by Paul Magelli, announced Wednesday a Series A funding round led by GE Ventures and Baird Capital. Pritzker Group Venture Capital, Math Ventures and existing investors also participated.
Also read: Instagram Just Keeps Growing Like Crazy