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news.ForHealth Technologies has closed on a total of $9 million of new capital financing that consisted of $4 million equity component and an additional $5 million of debt financing.
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The new equity investments were made by existing investors, including New Enterprise Associates, National Healthcare Services, Red River Ventures and Chisholm Private Capital. The debt financing was provided by Square 1 Bank.
Steve Thomas, ForHealth’s chairman and CEO, said: “We are honored to have the solid, continued support of our core group of investors and Square 1 in addressing our expanded market opportunity.”