Tech Company Financing Transactions
Portico Systems Funding Round
On 2/26/2008, Portico Systems secured $7.7 million in funding from Edison Partners and Safeguard Scientifics.
Transaction Overview
Company Name
Announced On
2/26/2008
Transaction Type
Venture Equity
Amount
$7,700,000
Round
Undisclosed
Investors
Edison Partners (Douglas Petillo)
Proceeds Purpose
The proceeds will be used expand sales and marketing plus shareholder liquidity.
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ned Moore
Chief Marketing Officer
Sam Muppalla
Chief Technical Officer
Scott Fraser
Executive Vice President
William Pocklington
VP - Customer Service
Nanci Ziegler
VP - Product Management
Michael Flanagan
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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.
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