Core Informatics, a Branford, CT, Cambridge, MA and London, England-based developer of data management software used to accelerate scientific innovation, closed a $17.5m Series B funding.
The round was led by Oak HC/FT, with participation from existing investors. Andrew Adams, a general partner at Oak HC/FT, will join Core’s board of directors in conjunction with the funding.
The company intends to use the funds to expand operations.
Led by CEO Josh Geballe, Core Informatics provides web-based solutions to manage and analyze scientific data, automate laboratory workflows and collaborate with external partners.
Core’s architecture is based on the Platform for Science, a Scientific Platform-as-a-Service available in the Cloud or on-premises, designed to allow users to extend and configure their data management system to meet their evolving workflows without the need for custom coding.
Clients can also access apps in the Platform for Science Marketplace, to integrate with the company’s products, including Core LIMS, ELN, SDMS and Core Collaboration.