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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 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.
The firm said the expansion financing would go towards product development and further market expansion. The firm did not say if prior investors EnterprisePartners, RBA No. 5, or Evergreen Venture Partners participated in this round. Tags: breach security venture capital software. READ MORE>>.
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.
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