goBalto, Inc., a San Francisco, California-based provider of clinical study startup solutions, secured $12m in funding.
Backers included Mitsui Global Investment and Dolby Family Ventures, which joined Aberdare Ventures, EDBI, Qualcomm Life, and West Health Investment Fund. In conjunction with the funding, Masashi Kiyomine of Mitsui Global, has joined goBalto’s board of directors.
The company intends to use the funds to scale operations and customer success initiatives, new software innovations, and continue to grow in the global life sciences industry.
Led by Sujay Jadhav, CEO, goBalto provides a cloud-based study startup platform that aims to simplify and accelerate clinical study startup in the pharmaceutical, biotechnology, and medical device industries. The company has satellite offices in Pennsylvania and Singapore.