NextDocs, a Conshohocken, PA-based provider of regulated content management and compliance solutions, raised $13.5m in funding.
The round was led by OpenView Venture Partners with participation from Eastward Capital and Bridgebank Capital.
The company intends to use the funds to expand adoption of its solutions.
Led by Zikria Syed, Chief Executive Officer, NextDocs provides compliance software solutions including quality management software, regulatory document management, and clinical portals, which enable businesses in regulated industries to achieve compliance with FDA and other regulations while automating processes and reducing costs.
Customers include pharmaceutical companies, biotechs, medical device companies, and CROs.