Gemino Healthcare Finance ("Gemino") today announced it has been acquired by Solar Senior Capital Ltd. (SUNS) ("Solar Senior Capital"). Over the last seven years, Philadelphia-based Gemino has earned a strong reputation in the market as a provider of asset-based and term financing solutions for small to mid-size healthcare companies.
Read MoreClinical Ink, the pioneering provider of eSource solutions for clinical trials, has announced a $4.3M Series B Investment Round led by FCA Venture Partners. “This infusion of funds will allow Clinical Ink to aggressively build the capabilities needed to address the rapidly increasing customer demand for eSource technology in clinical trials,” said Ed Seguine, CEO of Clinical Ink. “Our business has more than doubled in the last year and we will be expanding our management team, development capabilities, and implementation resources to support a wider range of clinical trials globally. Our customers, from large pharma to small biotech, have achieved real productivity gains at a fraction of the cost of current solutions and we will be in a position to continue to support innovative approaches to remote monitoring, site selection, and data management.”
Read MoreCatavolt, Inc., creator of the world's first cloud middleware enterprise mobility platform, today announced the close of a $5M Series B investment round. San Francisco-based, Toba Capital, recently formed by Vinny Smith, former CEO and Founder of Quest Software, led the round in cooperation with Nashville, Tennessee-based FCA Venture Partners, an existing investor in Catavolt and Series A participant. The capital received from this round will be used to expand the sales organization, market the company's cloud middleware platform more aggressively, and further expand the product innovation team.
Read MoreCatavolt, Inc., a recognized market innovator in enterprise mobility, today announced it has closed a $1.5 million Series A investment round led by FCA Venture Partners, a Nashville, TN based venture capital firm, with participation by angel investor George Salem. Catavolt’s primary service offering is Catavolt Extender, a hybrid cloud service that securely provides real time mobile access to all enterprise data in the form of native applications to any mobile device.
Catavolt’s unique approach, based on its patent-pending Dual Model Architecture, enables organizations to rapidly create and deliver mobile applications to business users without the need for costly and traditionally resource-intensive software development projects. Catavolt serves a wide variety of customers, from manufacturing and distribution, to the defense industry and healthcare, which are competitively providing access to enterprise data for their business users on their own mobile devices.
Read MoreEdo, a card-linked local offers a platform that targets customers based on their real-world spending behavior, has closed a $15 million Series C round of funding, the company announced today. The round was led by VantagePoint Capital Partners, and saw participation from Baird Venture Partners and other existing investors (including FCA Venture Partners), bringing edo’s total financing to $54.3 million. Unlike many of the current local-offer platforms, edo doesn’t require a check-in, a punch card, a mobile app, or specialized point-of-sale hardware. Instead, it ties to consumers’ bank cards (credit or debit), and then tracks spending behavior to know which offers to send.
Read More"athenahealth's More Disruption Please program spurs cross-industry collaboration to speed high-value innovation in health care," said Bill Brown, CEO, Entrada, Inc. "Entrada's voice-powered clinical documentation technology provides clear benefit to the electronic health record workflow, and, with our partnership with athenahealth, we're able to integrate our speech-to-text solutions directly within the EHR, accelerating physician adoption. Across the MDP program, there's a shared vision to integrate technologies that complement each other and make them more accessible so that providers can realize the benefits of innovation without sacrificing their focus on patient care." Call for More "Meaningful Use" Transparency and Accountability Through the delivery of its cloud-based EHR, athenaClinicals, athenahealth partners with health care organizations to simplify Meaningful Use criteria while keeping providers focused on patient care. athenahealth remains the only leading EHR vendor that tracks providers' progress against Meaningful Use measures and publishes those results to the broader public. athenahealth will maintain this level of transparency--and calls on other vendors to do the same--as it begins implementing functionality in support of the Stage 2 Meaningful Use requirements across its entire provider base.
Read MoreChartWise Medical Systems, Inc., the creator of a first-to-market Computer-Assisted Clinical Documentation Improvement (CACDI) software system designed to improve precision in quality clinical documentation to support revenue optimization, is pleased to announce a recent financing from Nashville, Tennessee based FCA Venture Partners. FCA is the venture capital management arm of Clayton Associates, a holding company established in 1996 by healthcare entrepreneur R. Clayton McWhorter.
Read MoreWith the economy still struggling to regain its footing, many consumers remain focused on getting the most bang for their bucks. At the same time, retailers are looking for ways to entice budget-conscious shoppers to their stores. edo Interactive offers a solution for both challenges. Once consumers sign up with edo through their financial institutions, they receive offers from different retailers via e-mail or through their mobile phones; the offers are different from typical coupons in that the money saved — say, $5 off a $30 purchase — goes directly into their bank accounts. “We’re building a new advertising and promotional channel,” says Jeff Fagel, vice president of marketing and brand development for edo, which is working with nearly 150 financial institutions.
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