Wednesday, April 12, 2006
MedManage Raises $10.75M
Bothell-based MedManage Systems has raised $10.75M in a Series D venture financing, the firm said this morning. MedManage said that the funding came from QuestMark Partners, and included participation by existing investors Versant Ventures, Lilly Ventures and Prism Venture Partners. The firm is developing solutions that enables medical practitioners to order medication samples. MedManage said that the capital will be used for market expansion of its solutions, which it sells to major pharmaceutical manufacturers. More information »