Enclarity, Inc. Secures $5,500,000 Series C Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=721e98b3-3f7b-4a24-b9d4-a424e3e98148&Preview=1
Date
3/10/2009
Company Name
Enclarity, Inc.
Mailing Address
65 Enterprise Aliso Viejo, CA 92656
Company Description
The company’s software uses advanced analytics and proprietary technology coupled with a massive referential database and telephone verification to clean provider files, assuring the data is accurate and current, increasing the productivity and profitability of our customers.
Website
http://www.enclarity.com
Transaction Type
Venture Equity
Transaction Amount
$5,500,000
Transaction Round
Series C
Proceeds Purposes
The company will use the $5.5 million infusion to further its research and development initiatives, and create solutions that will relieve the data inaccuracies and redundancies that drive up operational costs.
M&A Terms
Venture Investor
Bain Capital Ventures
Venture Investor
Ignition Partners