Core Informatics Raises $5M in Series A Equity Financing

Core Informatics, a Brandford, CT-based provider of data management software which helps accelerate scientific research, collaboration and discovery, raised $5m in Series A equity financing.In conjunction with the funding, Elon Boms, Managing Director of Launch Capital, will join Core Informatics’ board of directors.The company intends to use the funds to further scale up software engineering and product development, customer support and sales and marketing.Founded in 2006 and led by Josh Geballe, CEO, Core Informatics provides web-based solutions that allows scientists to reduce research cycle time, automate laboratory workflows, facilitate collaboration and derive more value from their data.The software is used by dozens of major companies and thousands of scientists.