Allocade Raises $5M in Venture Capital Financing
Summary
Allocade, Inc., a Menlo Park, CA-based developer of innovative healthcare software solutions, has closed a $5m round of venture capital financing.The round was led by VantagePoint Venture Partners.The financing will enable Allocade to expand its sales and marketing efforts, as well as our research and development to meet the increased demand for the company’s first product, On-Cue™, a dynamic software aimed at helping hospital caregivers effectively manage patient flow logistics.FinSMEs 24/03/2010
Funding
Amount
$5.0M
Total raised
Date
April 7, 2010
Announcement date
Investors
VantagePoint Venture Partners
Lead investors
Company
http://www.allocade.com
Funded company
Classifications
industries
HealthTech
applications
General BI
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