Casenet Nabs $2M Debt Deal

8/3/10

Casenet, a Bedford, MA-based provider of health management software, has raised $2 million in a debt and rights financing, according to an SEC filing. The company previously raised $5 million in a similar debt financing in May 2009 and a $7.5 million Series B round led by HLM Venture Partners in Boston in November 2007. Its other previous investors include Sigma Partners, which has offices in Boston and Silicon Valley, and Aurora Funds, of Durham, NC. Kevin Brown, Casenet’s CEO, was not immediately available at his office this morning.

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