BOCA RATON, Fla.— Modernizing Medicine, Inc., creator of the cloud-based electronic medical record (EMR) system known as the Electronic Medical Assistant (EMA), has closed on approximately $15M of an expected $20M funding round. The latest funding comes from existing investors, led by Summit Partners and Pentland Group, many of whom are medical specialists who use EMA.

Currently serving eight different medical specialties, including ophthalmology, more than 4,000 providers have adopted Modernizing Medicine’s EMA in their practices. The tablet-based, specialty-specific EMR system features a touch-screen interface and ICD-10 capabilities. Through a partnership established in June of 2013, Modernizing Medicine’s EMA system is tightly integrated with Eyefinity’s award-winning practice management portfolio. The partnership has resulted in a full function, easy-to-use solution for optometry. It can be accessed via the Internet virtually anywhere and at any time.

“At Modernizing Medicine we believe that properly captured and leveraged health data has the power to increase efficiency, improve patient outcomes and transform health care,” said Daniel Cane, CEO and co-founder of Modernizing Medicine. “This latest round of funding reinforces that belief and the strength of our market-differentiating products and services. With the investment we intend to continue focused development in the surgical-specialties, while also committing resources for development in telemedicine, IBM Watson and mobile applications.”