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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c82344ad-68df-4bf1-a243-5deafd15d965&Preview=1 -
Date
8/22/2008 -
Company Name
Forerun, Inc. -
Mailing Address
1601 Trapelo Road Waltham, MA 02451 -
Company Description
Forerun Inc. is a privately-held, technology company specializing in Emergency Department Information Systems (EDIS).Forerun’s mission is to help the Emergency Department create such high quality of patient care that together we set new standards of excellence in our shared fields of endeavor.
Our flagship product, the ED Dashboard, provides timely access to the clinical information needed to ensure efficient operations and deliver the optimal level of care. The Dashboard is a clinical tool for ED physicians, consultants, and support staff to provide efficient and safe care for their patients during their visit
With an advisory board comprised of leading academic physicians and an expert team of software engineers, Forerun has positioned itself to be a leader in the EDIS marketplace.
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Website
http://www.forerunsystems.com -
Transaction Type
Venture Equity -
Transaction Amount
$1,350,000 -
Transaction Round
Series B -
Proceeds Purposes
Forerun will use the capital from this round to deliver product and technology enhancements at the five hospitals that are using the application at the core of their emergency departments that in aggregate care for over 200,000 patients a year. Forerun will also invest in infrastructure to support implementation at additional hospitals in the coming year. -
M&A Terms
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Venture Investor
Massachusetts Technology Development Corporation