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Global venture capital (VC) funding for health IT companies in the first half of 2017 was 36 percent higher year-over-year with a record $4 billion raised in 359 deals versus the $3 billion raised from 286 deals in the first half of 2016, according to a report from Austin, Texas-based communications and research firm Mercom Capital Group.

Mercom released its report on funding and mergers and acquisitions (M&A) activity for the healthcare information technology (IT) / digital health sector for the second quarter (Q2) and first half (1H) of 2017.