Press release content from PR Newswire. The AP news staff was not involved in its creation. Cedar Gate Technologies Announces Strategic Investment from Cobalt Ventures December 23, 2020 GMT (PRNewsfoto/Cedar Gate Technologies) GREENWICH, Conn., Dec. 23, 2020 /PRNewswire/ -- Cedar Gate Technologies (Cedar Gate), a leading value-based care performance management company, today announced it has received a minority investment from Cobalt Ventures. Cobalt Ventures, a subsidiary of Blue Cross and Blue Shield of Kansas City, invests in healthcare companies that increase the overall quality of healthcare services, improve outcomes and lower costs. “We are pleased to receive this strategic investment from Cobalt Ventures,” said David B. Snow Jr., CEO of Cedar Gate Technologies. “This validates the effectiveness of our end-to-end software and services platform to deliver better patient and financial outcomes. Healthcare’s transformation to value-based care is critical and with this investment, we will continue to bring providers, payers and self-insured employers together so they can succeed in any risk-based arrangement.”