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Article: IntelliDOT Secures $15 Million in Series B Financing; Menlo Ventures Leads Financing -- Funds Designated for Market Expansion.
- Article from:
- Business Wire
- Article date:
- December 9, 2003
CopyrightCOPYRIGHT 2003 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors/Health/Medical Writers
SAN DIEGO--(BUSINESS WIRE)--Dec. 9, 2003
IntelliDOT Corp., a healthcare information technology company based in greater San Diego, announced today the closing of $15 million in Series B financing led by Menlo Ventures of Menlo Park, Calif. Also participating in the round were American River Ventures, Shoreline Ventures, and other investors. The company intends to use the new capital to support the market introduction of their medication safety and nursing productivity system. The IntelliDOT system allows nurses and other clinicians to easily check medication safety, communicate with ancillary services and receive ...