4G Clinical, a Wellesley, MA-based clinical trials software company, raised $5m in Series A1 financing.
The round was led by Boston-based Schooner Capital.
The company, which has raised $7.5m in total funding, intends to use the capital to expand operations, further product development and support early marketing of Prancer.
Led by CTO Ed Tourtellotte, COO Christine Hurley and CEO David Kelleher, 4G Clinical provides clinical trials (Randomization and Trial Supply Management software focused on facilitating the work of assigning patients to treatment groups, managing clinical supply, and dispensing medicines used in trials.
The company has facilities and staff located in the U.S. and Europe.