Dapasoft Inc., a Toronto, Canada-based information technology consulting company with a focus on the healthcare sector, secured $4.035m in financing.
The York Angel Investors (YAI) made the investment.
The company intends to use the funds for product innovation and market expansion.
Incorporated in 1997 and led by Stephen Chan, CEO, and Michael Lonsway, President, Dapasoft provides a healthcare integration product which is currently being used by over 200 hospitals and major healthcare organizations. The company is currently developing a Cloud based version that will be released by the end of this year.