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invivodata
Pittsburgh, PA
Sector: Software as a Service
Invested: 2006
Portfolio Manager: Carter McNabb
Industry leader in electronic patient reported outcomes (ePRO) solutions for global clinical research.
River Cities Capital Fund III
Status: Active
News:
September 14, 2006
invivodata Secures $10 Million of Financing for Accelerating Growth
invivodata® inc., the industry leader in electronic patient reported outcomes (ePRO) solutions for global clinical research, today announced that it has secured access to almost $10 million in additional capital. More >
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River Cities continually challenges us to be our best. Since their investment in Simbionix a little over one year ago, they have consistently articulated wise business sense and counsel, which is highly appreciated. On the one hand, River Cities has challenged management to grow aggressively; while on the other hand they have worked with management to bring a disciplined, level-headed process towards moving the company to the next level. They have consistently demonstrated the right balance of support and trust, without interfering in the management of day-to-day operations. They have shown patience, and a keen over-the-horizon "big picture" strategic view, which transcends tactical issues. When we need River Cities they are always present with concrete and substantive support.
Gary Zamler CEO Simbionix USA Corporation
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