Next Wave Connect Raises $3 Million for Meaningful Collaboration in Healthcare

HUNTSVILLE, TX – October 12, 2015 — Next Wave Connect, an online community ecosystem for healthcare, today announced a $3 million financing by healthcare venture capital firms Next Wave Health and 2M.

“This capital infusion allows Next Wave Connect to enhance product functionality and build out our services delivery structure, with a special emphasis on healthcare associations” said Stephen Passalacqua, Corporate Development Officer at Next Wave Connect. “As a healthcare vertical, our programs have unique traction with professional associations in our industry.”

Launched in 2013, Next Wave Connect is the first social collaboration application built specifically for healthcare. It connects healthcare professionals of all types with a unique platform that promotes collectively solving the industry’s most challenging problems through meaningful collaboration. Next Wave Connect’s Community Managers, Producers, Advisory Council Experts, and unique service offerings set it apart from other collaboration solutions.

Ivo Nelson, noted healthcare pioneer and Chairman of Next Wave Health, remarked “We are very impressed with Next Wave Connect. The company has continued a steady growth trajectory. Their rates of adoption are up more than 50%, content engagements are approaching 10,000 per month and their healthcare association communities are expanding rapidly.”

Next Wave Health provides investment capital, market insight, and back-office support to start-up and early-stage companies.

2M sources and manages investments across a variety of industries, incubate start-up business ventures, and engage in philanthropic activities through The David Nathan Meyerson Foundation.