mdBriefCase Group Inc., a Toronto, Canada-based provider of online continuing health education, received a significant equity investment from Persistence Capital Partners.
The amount of the transaction was not disclosed.
The company intends to use the funds to accelerate expansion into new markets, technologies and geographies.
Founded in 2001 by Greg Cook, Chief Executive Officer, mdBriefCase provides continuing health and medical education programs for pharmacists, nurses, family physicians, specialists and patients. It offers free, multimedia interactive learning programs, which are accredited by medical institutional and organizational partners.
The company has operations in Sydney, Australia with a team of over 40 employees.