iMedX Lands $13,000,000 New Financing

  • Feed Type
  • Date
    8/11/2009
  • Company Name
    iMedX
  • Mailing Address
    Four Corporate Drive Shelton, CT 06484
  • Company Description
    iMedX, Inc. is a rapidly growing medical software and services company headquartered in Shelton, Connecticut. The Company’s main product is TurboScribe®, a unique combination of medical transcription software and service. With TurboScribe®, physician practices can halve its transcription costs, while greatly improving office productivity and simplifying record-keeping. When using TurboScribe®, the physician dictates a patient note and sends the file over the Internet to iMedX’s transcriptionists.
  • Website
    http://www.imedx.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $13,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    iMedX will use the proceeds to fund strategic acquisitions, expand its sales and marketing infrastructure and develop new software products.
  • M&A Terms
  • Venture Investor
    Undisclosed