Explorys Lands $11,500,000 Series C Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2a042615-5c99-4c63-b5cc-e04c62b4840e&Preview=1 -
Date
5/11/2011 -
Company Name
Explorys -
Mailing Address
10000 Cedar Ave. Cleveland, OH 44106 -
Company Description
Explorys provides a secure cloud-computing platform specialized for the healthcare industry. We empower our customers to accelerate research and product development, while enabling critical measurement for healthcare reform, performance management and protocol safety. -
Website
http://www.Explorys.net -
Transaction Type
Venture Equity -
Transaction Amount
$11,500,000 -
Transaction Round
Series C -
Proceeds Purposes
This round of financing will be used to double the Explorys workforce in 2011 and 2012 and triple the size of its existing server complex as it adds capacity and data centers. -
M&A Terms
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Venture Investor
Austin Ventures -
Venture Investor
Foundation Medical Partners -
Venture Investor
Sante Ventures
