ProtonMedia Closes $4.5M Series B Venture Financing

ProtonMedia, a Lansdale, PA-based virtual collaboration environment used by life sciences and other highly regulated companies, completed a $4.5m Series B venture financing.

The round was led by Kaplan Ventures, with participation from existing investors Originate Ventures and Osage Venture Partners.

ProtonMedia intends to use the funds to expand its marketing and sales programs and launch ProtoSphere Lync Edition 2.0, the company’s second-generation virtual collaboration environment that uses Microsoft’s Lync unified communications and collaboration technology and further integrate it with ComplianceWire®, Kaplan EduNeering’s cloud-based learning management system.

In conjunction with the funding, Lisa Clune, Kaplan EduNeering’s President, will join the company’s board of directors. Kaplan EduNeering will also become a strategic reseller of ProtonMedia products to its customers and vertical markets.

Led by CEO Ron Burns, ProtonMedia is the developer of ProtoSphere, a virtual collaboration environment used by life sciences and other highly regulated companies to create engaging environments and improve the productivity and organizational effectiveness of globally dispersed teams.

Customers include AstraZeneca, Johnson & Johnson, Merck Inc., BP, Chevron, Duke University, Deloitte, TIAA-CREF, Lockheed Martin, and Boeing.

FinSMEs

20/06/2011

 

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