Comprehend Systems Raises $8.4M in Series A Funding

Comprehend Systems, Inc., a Palo Alto, CA-based provider of cloud-based clinical data insights software, raised $8.4m in Series A funding.

The round was led by Sequoia Capital with participation from Aaron Levie, Nils Johnson, Zod Nazem, Zorba Lieberman and the Life Science Angel Network, among others. In conjunction with the funding, Warren Hogarth (Sequoia) will join Comprehend’s board of directors.

The company intends to use the funds to further develop and expand its software.

Founded in 2010 and led by Rick Morrison, CEO, Comprehend Systems provides Comprehend Clinicalâ„¢, which combines clinical and operational data from different systems to allow executives, study managers, clinicians and others to track and analyze studies, identify broad operational and clinical trends across trials and report on a wide range of factors, including safety issues, regulatory requirements and opportunities.

FinSMEs

11/07/2013

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