BurstIQ Secures Investment Round

Colorado (PRWEB) April 21, 2015

BurstIQ makes it possible for individuals and providers to quickly make sense of the deluge of data generated from digital health technologies. The combination of sensors, mobile, and platform will make healthcare personal again, and it will also generate a lot of sensitive data, said Frank Ricotta, BurstIQ CEO. We believe data should be secure and private; that is our first priority. We also believe that the need for a highly secure platform shouldnt limit the benefits and use of data. Data needs to be sharable, accessible, and usable. Insights derived from the data will drive individual empowerment, personalized care relationships, better outcomes, and reduced costs.

This is a game-changer for digital health data access and we believe that the innovative security features that are at the core of the product can extend beyond digital health, providing a foundational capability to protect an individuals privacy. We are happy to welcome BurstIQ into our portfolio, noted Bill Miller, Managing Director, PV Ventures.

Health data is a wicked problem, one of 10 we selected for our inaugural 10.10.10 Health program this past February, said Tom Higley, Founder and CEO of 10.10.10. With the creation of BurstIQ, Frank becomes the first of our 10.10.10 CEOs to accept the challenge of developing a market-based solution to the health data problem. The market is crying out for an innovative and secure health data platform, and I believe the BurstIQ platform can be that solution. We are excited to be part of the company and look forward to helping make it a success.

The Colorado Health Foundation partnered with 10.10.10 as part of our efforts to explore an innovative philanthropic approach with the potential to spark market-based solutions to wicked problems in health, said Jesse Wolff, Director of Private Sector Initiatives at the Colorado Health Foundation. We are excited to see BurstIQ step up as the first company out of 10.10.10 to accept the challenge and embrace the opportunity that this problem represents.

About BurstIQ (http://www.burstiq.com)

BurstIQ creates cloud solutions that liberate and protect health data, enable the rapid development of insights, and engage individuals in a smart and intelligent way while enforcing robust security and privacy protections. The BurstIQ digital health platform accelerates the creation of next generation digital health and patient engagement applications saving both time and cost. Our goal, create cloud solutions that help change the world and make it a healthier place.

About PV Ventures (http://www.pvventuresllc.com)

PV Ventures is venture capital firm that invests in seed and early-stage technology companies. We partner with entrepreneurs to help them turn great ideas into great companies. With offices located in Colorado Springs, the firm invests in companies primarily along Colorados Front Range with reach into other top venture markets.

About 10.10.10 (http://www.101010.net)

Founded by Colorado entrepreneur Tom Higley, 10.10.10 helps connect startup communities to thought leaders, entrepreneurs and investors throughout the country. 10.10.10 is . . .

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