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.
Author: Ryan McBride
Ryan is an award-winning business journalist who contributes to our life sciences and technology coverage. He was previously a staff writer for Mass High Tech, a Boston business and technology newspaper, where he and his colleagues won a national business journalism award from the Society of American Business Editors and Writers in 2008. In recent years, he has made regular TV appearances on New England Cable News.
Prior to MHT, Ryan covered the life sciences, technology, and energy sectors for Providence Business News. He graduated with honors from the University of Rhode Island in 2001 with a bachelor’s degree in communications. When he’s not chasing down news, Ryan enjoys mountain biking and skiing in his home state of Vermont.
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