Ovation.io, Inc., a Cambridge, Mass.-based maker of a clinical laboratory information and commercialization platform, closed an expanded $1.85M round of financing.
The round was led by StageDotO and Longfellow Ventures. In addition to the funding, John Walker, Head of Core Data and Analytics, NIBR Informatics, Novartis, has joined the board of directors The advisory panel expanded to include Chad Robins, Rich Miller, and Vinay Gidwaney.
The company intends to use the funds to continue to grow operations and
Led by Barry Wark, Chief Executive Officer, Ovation.io is evolving beyond a laboratory information management system (LIMS) to a full commercialization ecosystem that provides diagnostic labs with sample tracking, billing and reimbursement, reporting, document management, training management, client management, laboratory consulting services and business analytics.
As part of the continued effort to enable clinical labs to manage their entire commercialization efforts in a single system, Ovation has signed a partnership with The Hunt Group, a provider of health information services, to leverage technology partnerships to expand their combined platform into a central ecosystem that provides diagnostic labs with all the tools needed to grow in this space.