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Print Edition StoriesThursday, May 7, 2009
Casenet collects $5M in new funding round
By Mass High Tech Staff
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Bedford health care software maker Casenet Inc. has taken in $5 million in its latest funding round from existing investors HLM Venture Partners and Sigma Partners, according to federal documents, and it has named a new vice president of product management and design.
Founded in 2002 by CTO Bret Siarkowski, Casenet develops software that tracks a patient’s medical care, targeted at health insurance, government agencies, disease management organizations and health care providers.
Yesterday, Casenet named Bill Wisotzkey as vice president of product management and design,. Wisotzkey has more than 25 years of experience in executive roles at health care technology companies, Casenet officials said. He was most recently general manager at IntrinsiQ, a Waltham-based provider of oncology electronic medical records and data analytics.
The company pulled in a $7.5 million Series B round of financing in September of 2007. That funding was led by HLM. Sigma principal Richard Dale and managing director John Mandile sit on the Casenet board, along with HLM partner Peter Grua.
Previous investors include North Carolina-based Aurora Funds Inc. and Howard Cox, a partner of Greylock Ventures, a Waltham VC firm.
In December, Casenet named Kevin Brown the new CEO. Brown replaced former CEO Brian O’Neill who, the company said, will take on an “advisory role.”
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