Essex Woodlands Health Ventures-backed ikaSystems Raises $12.5 Million
ikaSystems has raised $12.5 million from sale of shares to six investors, according to an SEC filing.
The Southborough-based provider of cloud computing solutions for the healthcare payer market has previously raised $120 million. Its backers include Essex Woodlands Health Ventures, with offices in Houston and New York.
Founded in 1999 by Ravi Ika, the company in October promoted President Joseph Marabito to succeed Ika as CEO.
Also at citybizlist, see:
ikaSystems Appoints Philip Spinelli as SVP of Sales
ikaSystems Names Joseph Marabito CEO
Citybizlist Partner News
- Pierce Atwood - First Class Defense Blog Featured as BBA Blog of the Week
- Pierce Atwood - Newest Edition of Maine Environmental and Land Use Statutes Deskbook Now Available
- Pierce Atwood - Receives 72 Rankings in U.S. News & Best Lawyers "Best Law Firms" Directory
- Pierce Atwood - Receives Highest Ranks from Chambers and Partners