Tech Company Financing Transactions

Explorys Funding Round

Explorys closed a $11.5 million Series C funding round on 5/11/2011. Investors included Austin Ventures, Flare Capital Partners and Sante Ventures.

Transaction Overview

Company Name
Announced On
5/11/2011
Transaction Type
Venture Equity
Amount
$11,500,000
Round
Series C
Investors

Austin Ventures (Lead Investor) (John Thornton)

Flare Capital Partners (Lead Investor) (Andrew Firlik)

Sante Ventures (Joseph Cunningham)

Proceeds Purpose
This round of financing will be used to double the Explorys workforce in 2011 and 2012 and triple the size of its existing server complex as it adds capacity and data centers.

Company Information

Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
8501 Carnegie Avenue 200
Cleveland, OH 44106
USA
Email Address
Overview
Explorys provides a secure cloud-computing platform specialized for the healthcare industry. We empower our customers to accelerate research and product development, while enabling critical measurement for healthcare reform, performance management and protocol safety.
Profile
Explorys LinkedIn Company Profile
Social Media
Explorys Company Twitter Account
Company News
Explorys News
Facebook
Explorys on Facebook
YouTube
Explorys on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Stephen McHale
  Stephen McHale LinkedIn Profile  Stephen McHale Twitter Account  Stephen McHale News  Stephen McHale on Facebook
Chief Financial Officer
Michael Paull
  Michael Paull LinkedIn Profile  Michael Paull Twitter Account  Michael Paull News  Michael Paull on Facebook
Chief Medical Officer
Anil Jain
  Anil Jain LinkedIn Profile  Anil Jain Twitter Account  Anil Jain News  Anil Jain on Facebook
President
Charles Lougheed
  Charles Lougheed LinkedIn Profile  Charles Lougheed Twitter Account  Charles Lougheed News  Charles Lougheed on Facebook


 

 

Browse more venture capital transactions:

Prev: 5/11/2011: Naurex venture capital transaction
Next: 5/11/2011: Exagen Diagnostics venture capital transaction

 

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We document every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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