NextDocs Corporation, a King of Prussia, Pennsylvania-based provider of Microsoft SharePoint based software solutions for life sciences industries, has raised $10.3m in a Series A financing from OpenView Venture Partners.
The company intends to use the funds to broaden product lines, customer service and support, and expand into new markets.
Founded in 2006 by CEO Zikria Syed and CTO Matt Walz, NextDocs leverages SharePoint-based Document and Quality Management software to help life sciences companies of all sizes reduce the cost and complexity of meeting compliance requirements.
The company, which has over 100 customers across the life sciences industry, in a variety of sectors, including pharmaceuticals, medical devices, biotechnology, contract research organizations and university research foundations, operates offices throughout the U.S., Canada, and Western Europe.
In conjunction with the funding, Firas Raouf, Venture Partner at OpenView Venture Partners, will join NextDocs’ Board of Directors.