Tech Company Financing Transactions
ABILITY Network Funding Round
On 5/17/2011, ABILITY Network raised $27 million in funding from Bain Capital Ventures.
Transaction Overview
Company Name
Announced On
5/17/2011
Transaction Type
Venture Equity
Amount
$27,000,000
Round
Undisclosed
Investors
Bain Capital Ventures (Jeffrey Crisan)
Proceeds Purpose
The capital will support an array of new and ongoing initiatives to use ABILITY's large and growing network to improve administrative efficiency and patient care, including expanding ABILITY's leadership role with the Direct Project, a collaborative effort by industry and government to develop a standardized system for secure delivery of health information over the Internet.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
100 North 6th St. 900A
Minneapolis, MN 55403
USA
Minneapolis, MN 55403
USA
Phone
Website
Email Address
Overview
Simplify the complexities of administrative and clinical processes with innovative healthcare technology from ABILITY Network.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
President
Bud Meadows
VP - Bus. Development
Justin Silver
VP - Engineering
Geoff Charron
VP - Finance
John Agostino
VP - Operations
John Carter
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