Planet DDS, the Newport Beach, CA-based company behind Denticon, a cloud-based dental practice management software solution, recently secured growth capital from Level Equity.
The amount of the deal was not disclosed.
The company intends to use the funds for continued acceleration of its cloud-based dental practice management software.
Led by CEO Eric Giesecke and President Blake Rice, Planet DDS provides Denticon, a cloud-based practice management software platform that includes the tools needed to standardize, centralize, and grow emerging and established dental groups.
Level Equity’s investment caps a multi-year period of rapid expansion for the company’s software business, accelerated by continued consolidation in the dental market and increasing demand for enterprise cloud solutions to replace outdated desktop software built by legacy providers.
Inc. Magazine named Planet DDS to its list of fastest-growing private companies in 2019, the second time the company has appeared on the list in recent years.
Planet DDS was also named to Inc. Magazine’s 2019 list of best workplaces in the U.S.