Signet Accel, a Columbus, Ohio-based software company serving the healthcare industry, raised $8m in Series A growth funding.
The round was led by Edison Partners.
The company intends to use the funds to further accelerate growth, including development of its international sales team, expansion of its software engineering team and marketing efforts to support its flagship product, Avec®, a federated data integration platform delivering interoperability to healthcare.
Led by John Raden, chief executive officer, Signet Accel is an HIT software and services company specializing in data integration, harmonization and sharing in and among consortia, institutions and health professionals around the world. Its flagship product, Avec®, a database-agnostic federated data integration platform purpose-built for use in complex research and care environments. It connects and harmonizes disparate databases across healthcare verticals, allowing researchers to identify patterns and trends across large patient populations and offers comprehensive insight into both research and treatment.
Clients include The Ohio State University Comprehensive Cancer Center – The James Cancer Hospital and Solove Research Institute, the Hairy Cell Leukemia Foundation, the Oncology Research Information Exchange Network (ORIEN), REACHNet and the Louisiana Statewide Initiative.