Bedford, MA-based Casenet, a healthcare software company, has raised $8.4 million in equity financing out of an offering of $8.8 million, according to an SEC filing. The investors in the latest round were not disclosed, but Michael Neidorff, Jesse Hunter, and Donald Imholz from healthcare services firm Centene are listed as directors on the form. Back in August, Casenet raised $2 million in debt financing. In May 2009, the company raised $5 million, and in 2007, it raised a $7.5 million Series B round led by HLM Venture Partners. Casenet’s other investors have included Sigma Partners and Aurora Funds.
Author: Gregory T. Huang
Greg is a veteran journalist who has covered a wide range of science, technology, and business. As former editor in chief, he overaw daily news, features, and events across Xconomy's national network. Before joining Xconomy, he was a features editor at New Scientist magazine, where he edited and wrote articles on physics, technology, and neuroscience. Previously he was senior writer at Technology Review, where he reported on emerging technologies, R&D, and advances in computing, robotics, and applied physics. His writing has also appeared in Wired, Nature, and The Atlantic Monthly’s website. He was named a New York Times professional fellow in 2003.
Greg is the co-author of Guanxi (Simon & Schuster, 2006), about Microsoft in China and the global competition for talent and technology. Before becoming a journalist, he did research at MIT’s Artificial Intelligence Lab. He has published 20 papers in scientific journals and conferences and spoken on innovation at Adobe, Amazon, eBay, Google, HP, Microsoft, Yahoo, and other organizations. He has a Master’s and Ph.D. in electrical engineering and computer science from MIT, and a B.S. in electrical engineering from the University of Illinois, Urbana-Champaign.
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