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.

Organizations: Aircare, RightCare Solutions
-30-
JOIN THE COMMUNITY, BECOME A MEMBER
Already a member? Sign in here

Advertisement

This Philly startup is out to get CloudMine’s old clients

These Jefferson students are co-inventing tomorrow’s healthcare technology

This company thinks the ‘hospital room of the future’ is prefab, modular and ‘smart’

SPONSORED

Philly

Clients and community come first for Vanguard employees

Chesterbrook, PA

Deacom

IT Specialist

Apply Now
Malvern, PA

Vanguard

Sr. Full Stack Developer-Client Experience Lab

Apply Now
Malvern, PA

Vanguard

Product Owner of Data Science Solutions

Apply Now

A healthcare hackathon in South Jersey produced 3 ideas worth exploring

CHOP spinout Bainbridge Health raises $1.6 million to expand mission, team

NeuroFlow is heading to Lancaster to see if its biz model makes sense

SPONSORED

Philly

UX, UArts and the importance of human-centered design

Malvern, PA

Vanguard

Java Developer-Entry

Apply Now
Malvern, PA

Vanguard

Technical Lead-Full Stack

Apply Now
Center City

Inspire

Data Engineer

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!