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San Diego- and Baltimore-based private equity investor JMI Equity is the lead backer of a developer of artificial intelligence software for the healthcare industry this morning. The funding was led by JMI Equity, and also included Health EnterprisePartners (HEP) and Health Velocity Capital (HVC). READ MORE>>.
San Diego-based XIFIN , a developer of revenue cycle management software-as-a-service for the healthcare industry, said Monday that it has named Craig Kussman as Chief Financial Officer at the firm. Kussman has previously served at Breach Security, Ascenta Therapeutics, Discovery Partners International, Inc., SYNAVANT Inc.,
Carlsbad-based Breach Security , a developer of IT security tools, announced this morning that it has raised $5M in additional funding, from existing investor Sid R. The firm said the expansion financing would go towards product development and further market expansion. 5, or Evergreen Venture Partners participated in this round.
San Diego-based XIFIN , which develops cloud-based financial software for the healthcare industry, has acquired Irvine-based PathCentral , a developer of software for the pathology community, the company announced Thursday afternoon. XIFIN''s investors include Boulder Ventures, EnterprisePartners, and Windward Ventures.
San Diego-based XIFIN , a developer of cloud-based software for the healthcare diagnostics market, has been acquired by private equity investor GTCR. XIFIN supplies its software in the molecular diagnostics, pain management/toxicology, anatomic pathology, radiology, hospital outreach, medical device and clinical laboratory markets.
San Diego- and Cupertino-based ParAccel , a developer of software for massively parallel databases used for data warehousing analytics, announced today that it has raised $22M in a venture capital round. ParAccel said the funding will go towards product development, sales and marketing, and to ramp up services and support.
Santa Barbara-based AxiaMed , which is developing healthcare payments technology, said late Tuesday afternoon that it has raised $12.4M The funding was led by Health EnterprisePartners (HEP), and also included Nashville Capital Network and other existing investors. in a funding round.
San Diego-based ParAccel, which develops database appliances used to accelerate database queries, said today that it has doubled its workforce over the past year, and has moved into new offices. The firm also said it has added former HP executive Bill Russell to the firm's board of directors.
Solana Beach-based Wildfire Systems, which develops technology used for powering reward and loyalty programs, has raised $15M in a Series A funding, according to the company. Wildfire is led by founder and CEO Jordan Glazier, who is a technology vet, having served at eBay and also been the CEO of Eventful.
Co-founder and EVP Terry Ash is now in charge of partner alliances, and the firm has hired on Dan Charleston as SVP of Business Development. The company is venture backed by ATA Ventures, EnterprisePartners, JK&B Capital, and Mission Ventures. READ MORE>>
Samit Varma: The franchise model is a lot like the software royalty model. That prototype of the store, manuals, how to operate the store, how to order stuff for the store, is effectively creating a software program. For those in the technology world, talk a bit about the franchise model? In this case, we create a prototype of a store.
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