Tech Company Financing Transactions
Sermo Funding Round
Sermo, based in Cambridge, secured $3.5 million from MMV Financial.
Transaction Overview
Company Name
Announced On
2/17/2011
Transaction Type
Debt
Amount
$3,500,000
Round
Undisclosed
Investors
MMV Financial (April Young)
Proceeds Purpose
The financing, part of a larger $5 million facility for Sermo, will allow the company to continue expanding its physician community while serving a growing roster of over 300 clients.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
215 First Street
Cambridge, MA 02142
USA
Cambridge, MA 02142
USA
Phone
Website
Email Address
Overview
The company operates as an online aggregator of medical information.
Management Team
Title
Name
Email & Social
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We report on all VC transactions involving tech companies. VC investment data records reported here are derived from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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