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SilverLink Communications Inc. has received $5 million in a Series D round from inside investors, the company confirmed today.
The funding, first reported in a document posted by the U.S. Securities and Exchange Commission today, brings the total investment in the Burlington-based company to at least $18.7 million. SilverLink provides insurers and employer care groups with technology-enabled services including automated telephone, email and text messages to patients related to disease management and prevention programs.
Investors Sigma Partners and HLM Ventures returned to participate in the round, following on the $6 million Series C round the startup closed in 2006.
On SilverLink’s board, Sigma is represented by principal Richard Dale and managing director John Mandile. HLM is represented by managing partner Peter Grua.
The company plans to invest the funds in its core technology and analytics capabilities, hiring new engineers, a company spokeswoman said in an email. It will continue to focus on capturing dollars health companies spend on communications, she said.
Editor's Note: This story was updated Monday, Aug. 24, to more accurately describe SilverLink's business.
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