Branford software maker lands $5M investment
Summary
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.
Funding
Amount
$5.0M
Total raised
Date
June 12, 2014
Announcement date
Investors
-
Lead investors
Company
http://www.corelims.com
Funded company
Classifications
industries
Engineering
applications
Data Management
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