Casenet Adds $8.4M in Equity Deal

12/20/10

Bedford, MA-based Casenet, a healthcare software company, has raised $8.4 million in equity financing out of an offering of $8.8 million, according to an SEC filing. The investors in the latest round were not disclosed, but Michael Neidorff, Jesse Hunter, and Donald Imholz from healthcare services firm Centene are listed as directors on the form. Back in August, Casenet raised $2 million in debt financing. In May 2009, the company raised $5 million, and in 2007, it raised a $7.5 million Series B round led by HLM Venture Partners. Casenet’s other investors have included Sigma Partners and Aurora Funds.

Gregory T. Huang is Xconomy's Deputy Editor, National IT Editor, and the Editor of Xconomy Boston. You can e-mail him at gthuang@xconomy.com or call him at 617-252-7323. Follow @

By posting a comment, you agree to our terms and conditions.