Bivarus Obtains $2,000,000 New Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=036f7cba-dfa9-43c9-bc00-900b9363e7d4
Date
3/23/2016
Company Name
Bivarus
Mailing Address
318 Blackwell Street Durham, NC 27701 USA
Company Description
Bivarus is at the forefront of providing a software platform for transforming patient-centered data into actionable insights for improved care delivery.
Website
http://www.bivarus.com
Transaction Type
Venture Equity
Transaction Amount
$2,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The company intends to use the funds to continue expanding its customer base and product offering, hire approximately 10 new employees locally in sales, marketing and product engineering over the next year.
M&A Terms
Venture Investor
Hatteras Venture Partners
Venture Investor
Excelerate Health Ventures