Fenwick & West represented Kleiner Perkins Caufield & Byers (KPCB), a technology-focused venture capital firm, in leading the recently announced $70 million Series D investment in Practice Fusion, Inc., a free, web-based EMR system for physicians. This investment marks the largest health technology equity deal of the year.
As part of the investment, KPCB partner Dr. Beth Seidenberg has joined the Practice Fusion board of directors. More information about Kleiner’s investment in Practice Fusion can be obtained from the KPCB press release.
The Fenwick transaction team was led by corporate partner Scott Joachim; and corporate associates In Lee, Luis Bacalao, Liza Kostinskaya and Amir Hassanabadi.