VeriMed Lands $3,000,000 New Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e0867253-4247-4cb9-b150-5177cdfa710b
Date
9/25/2013
Company Name
VeriMed
Mailing Address
Undisclosed Charlotte, NC 28202 USA
Company Description
VeriMed is a technology company that works to provide a secure, transparent and safe supply chain for controlled pharmaceutical substances.
Website
Undisclosed
Transaction Type
Venture Equity
Transaction Amount
$3,000,000
Transaction Round
Undisclosed
Proceeds Purposes
Funds from this financing round will be used to commercialize VeriMed’s technology, which includes the VeriPak, a blister pack for dispensing medication which records the date and time each pill is removed, so prescribing physicians can verify that patients are using the medication as directed.
M&A Terms
Venture Investor
Venture Investor