Tech Company Financing Transactions
Portico Systems Funding Round
Portico Systems closed a $6 million funding round on 9/13/2006. Backers included Safeguard Scientifics.
Transaction Overview
Company Name
Announced On
9/13/2006
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Undisclosed
Investors
Safeguard Scientifics (John Loftus)
Proceeds Purpose
We will be able to deepen our customer focus by building a world class service delivery team and investing in product development of our industry-leading platform.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
518 East Township Line Road 100
Blue Bell, PA 19422
USA
Blue Bell, PA 19422
USA
Phone
Website
Email Address
Overview
Portico Systems offers health plans software solutions exclusively focused on unlocking the value of Provider Network Management. Our hallmark Portico Provider Platform empowers health plans to infuse agility into their provider network management functions while delivering actionable provider information.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 9/13/2006: NuPathe venture capital transaction
Next: 9/13/2006: Anthera Pharmaceuticals venture capital transaction
Share this article
Where The Data Comes From
We do our best to document every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs