Cloud-based healthcare: NantHealth files for a $92 million IPO

Cloud-based healthcare: NantHealth files for a $92 million IPO

NantHealth, which provides cloud-based healthcare data solutions to support clinical decisions, filed on Friday with the SEC to raise up to $92 million in an initial public offering.

The Culver City, CA-based company was founded in 2007 and booked $58 million in sales for the 12 months ended December 31, 2015. It plans to list on the Nasdaq under the symbol NH. NantHealth filed confidentially on November 12, 2015. Jefferies and Cowen & Company are the joint book runners on the deal. No pricing terms were disclosed.

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