This DreamIt Health company got acquired by RightCare Solutions - Technical.ly Philly

Business

Aug. 19, 2015 11:39 am

This DreamIt Health company got acquired by RightCare Solutions

It was a technology acquisition, said RightCare CEO Eric Heil.

George Xian Zeng, Aircare founder.

(Photo by Juliana Reyes)

Less than two years after graduating from DreamIt Health, Aircare got acquired by RightCare Solutions, a Horsham-based, venture-backed Penn spinout that aims to prevent hospital readmissions.

That happened earlier this year. More recently, RightCare launched a mobile app based on Aircare’s technology.

Terms of the deal were not disclosed, but RightCare CEO Eric Heil confirmed that it was a technology acquisition.

Aircare CEO and cofounder George Xian Zeng is now working as a product marketing manager at Facebook, where he interned before launching Aircare. He received two acquisition offers, according to his LinkedIn. Zeng did not respond to a request for comment.

Heil and Zeng both got their MBAs from Wharton.

Aircare was backed by the Dorm Room Fund and Zeng spent some time working out of First Round Capital’s University City office last spring.

RightCare has 23 full-time employees, most of whom are based in Horsham, according to a spokeswoman.

-30-
JOIN THE COMMUNITY, BECOME A MEMBER
Already a member? Sign in here

Advertisement

The Meet Group adds a same-sex dating app to its portfolio

TechGirlz just got acquired by CompTIA’s nonprofit arm

Big exit alert: Roche to buy Philly’s Spark Therapeutics in $4.8B deal

SPONSORED

Philly

Join the team at Odessa working to shake up the global leasing industry

Philadelphia, PA - Center City

Odessa

Director, People Operations

Apply Now
Center City

Inspire

Product Manager – Sales Tools

Apply Now
Center City

Inspire

Inside Sales Specialist

Apply Now

Two Philly companies are joining an accelerator inside the ‘largest medical complex in the world’

Get access to 100 services on the new website for Philly’s health department

What does ‘digital transformation’ mean for healthcare startups in 2019?

SPONSORED

Philly

How this Vistar Media software engineer succeeds on an ‘inclusive team’

Philadelphia, PA

Perpay

Frontend Engineer

Apply Now
Blue Bell, PA

Pinnacle 21

Senior Software Engineer

Apply Now
Philadelphia, PA

Linode

Product Marketing Manager

Apply Now

Sign-up for daily news updates from Technical.ly Philadelphia

Do NOT follow this link or you will be banned from the site!