HealthEdge Finds $975K
HealthEdge Software, a Burlington, MA-based provider of benefits administration software for healthcare payers, has raised $975,000 in an equity and rights financing, according to an SEC filing. Rob Gillette, the firm’s chief executive, wasn’t immediately available to comment on the funding round. Gillette told me for this August 26 story that his company had raised about $30 million since its incorporation in late 2004 and its founding investor is New York-based venture firm Psilos Group Managers. The SEC filing does not say who invested in HealthEdge’s latest round.