LifeMasters Supported SelfCare Inc., an Irvine disease management company, said Tuesday it raised $15 million from existing investors.
San Bruno-based VantagePoint Venture Partners, one of LifeMasters’ earliest investors, took part in the round. Other participants included San Francisco-based Saints Capital and Opus Capital of Menlo Park.
LifeMasters plans to use the money to expand its disease management and health improvement programs. The company sells its programs to health plans, employers, pension systems and healthcare trusts run by labor unions.
The company’s services include allowing patients to track their medical records, appointments and prescriptions, and interact with nurses and other healthcare professionals. The company’s programs work with people who have conditions such as diabetes, congestive heart failure and chronic obstructive pulmonary disease.
LifeMasters again counts Irvine as its headquarters after starting in the city and then moving to South San Francisco in 2005.
The company moved north because former chief executive David Strand lived there. Strand left last year.
Christobel Selecky, who ran the company before Strand, is back as chief executive. She remained the company’s Irvine-based chairman during LifeMasters’ days in South San Francisco.
