Branford software maker lands $5M investment

Branfords Core Informatics Inc., which makes data management software for scientists, said it has raised $5 million in equity financing. The company said it will use the funding for software engineering, product development, customer support, and sales and marketing. KLP, which participated in a $60 million investment in New Havens Kolltan Pharmaceuticals in March. According to Forbes, Karen Pritzker is a Branford resident and billionaire heiress whose family founded the Hyatt hotel chain. In connection with the investment, Elon Boms, managing director of Launch Capital, will join Cores board.