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Vermont Teddy Bear in the Boston GlobeVermedx Gains $500,000 Investment Through FreshTracks Capital
4/30/2009The Burlington Free Press
Following is an excerpt from this piece. To read the complete original article, please click here: FreshTracks Invests in Vermedx
Vermedx Inc., a decision-support healthcare information technology company currently focused on the diabetes market, announces today that it raised $500,000 in a Series A financing with lead investor FreshTracks Capital. "We are excited about the vote of confidence and commitment to partnership from FreshTracks Capital", said Dr. Ben Littenberg, co-founder and CEO, "The capital will allow us to accelerate our traction in the market, and continue to develop world class decision-support products."
Lee Bouyea, Managing Director of FreshTracks Capital, joined Vermedx's Board of Directors at the closing of the transaction. "This capital will be allocated towards developing a handful of impressive product improvements and converting a healthy pipeline of prospects into new customers."
