ArborMetrix Raises Additional $1.3M in Series B Financing

arbormetrixArborMetrix, Inc., a Ann Arbor, Mich.-based provider of real-time healthcare analytics, raised an additional $1.3m in Series B financing.

Backers included Renaissance Venture Capital Fund and Detroit Innovate. The first close of the round, announced in July 2013, was led by RPM Ventures (RPM) with participation from Arboretum Ventures and Wolverine Venture Fund (read here).

The company intends to use the funds to accelerate national market expansion.

Led by CEO Brett Furst, ArborMetrix provides real-time, risk-adjusted clinical performance analytics tools that enable healthcare providers and payers to improve the quality and effectiveness of surgical and other acute hospital and specialty-based care.

FinSMEs

10/02/2014

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