Sermo Obtains $3,500,000 New Financing Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fd590efd-12fc-455d-9ee4-91646008315b&Preview=1 -
Date
2/17/2011 -
Company Name
Sermo -
Mailing Address
215 First Street Cambridge, MA 02142 -
Company Description
The company operates as an online aggregator of medical information. -
Website
http://www.sermo.com -
Transaction Type
Debt -
Transaction Amount
$3,500,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
The financing, part of a larger $5 million facility for Sermo, will allow the company to continue expanding its physician community while serving a growing roster of over 300 clients. -
M&A Terms
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Venture Investor
MMV Financial
