Flashback Technologies, Inc., a Boulder, CO-based data analytics software startup, closed a $2m Series A financing.
The round was led by PAC Partners with participation from existing investors.
The company, which has now raised $12m to date, intends to use the funds to support the near term build-out of the infrastructure, hiring staff, further development and market launch of its first product targeted for late 2015.
Led by Gordon Van Dusen, President and CEO, Greg Grudic, Founder and Chief Technology Officer, Flashback Technologies develops and commercializes proprietary CipherSensorTM technology platform, whose first product applications are currently in development in the care of patients in the trauma and critical care settings.
The company collaborates with several medical research institutions including the US Army Institute of Surgical Research, Fort Sam Houston Military Medical Center, San Antonio, TX, and the University of Colorado, Anschutz Medical Campus, Aurora, CO.