Sermo Obtains $3,500,000 New Financing Round

  • Feed Type
  • Date
    2/17/2011
  • Company Name
    Sermo
  • Mailing Address
    215 First Street Cambridge, MA 02142
  • Company Description
    The company operates as an online aggregator of medical information.
  • Website
    http://www.sermo.com
  • Transaction Type
    Debt
  • Transaction Amount
    $3,500,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The financing, part of a larger $5 million facility for Sermo, will allow the company to continue expanding its physician community while serving a growing roster of over 300 clients.
  • M&A Terms
  • Venture Investor
    MMV Financial