Seniorlink Lands $5,000,000 New Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9139295a-f736-450e-a3a1-bd49f9273f61&Preview=1
Date
11/17/2011
Company Name
Seniorlink
Mailing Address
500 Boylston Street Boston, MA 02116
Company Description
Seniorlink is dedicated to helping frail seniors and people with disabilities live with dignity and independence.
Website
http://www.seniorlink.com
Transaction Type
Venture Equity
Transaction Amount
$5,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The new funding would be used mainly to improve its Seniortouch web-based care management system, and to “develop other information technology assets”.
M&A Terms
Venture Investor
Commonwealth Capital Ventures
Venture Investor
Undisclosed