09.12.17

Signet Accel Secures $8 Million in Series A Funding Led by Edison Partners

Funding will fuel company's continued growth and expansion, including development of an international sales team, expansion of its software engineering team and marketing dollars to support Avec®.

Signet Accel Secures $8 Million in Series A Funding Led by Edison Partners

Funding will fuel continued growth of Avec® data integration platform and go-to-market expansion

COLUMBUS, Ohio--(BUSINESS WIRE)--Signet Accel, a software company serving the healthcare industry, today announced $8 million in Series A growth funding led by Edison Partners. The series A financing will further fuel the company’s rapid growth and expansion, including development of its international sales team, expansion of its software engineering team and marketing dollars to support its flagship product, Avec®, a federated data integration platform delivering true interoperability to healthcare.

“Innovation in data integration is at the heart of our work and we understand that time is an incredibly precious resource in healthcare research and discovery,” said John Raden, chief executive officer at Signet Accel. “With our Avec platform, we’re providing physicians and researchers the ability to view, analyze and experiment with aggregated data from disparate sources on a global scale. When there’s an opportunity to improve our offering and increase our clients’ speed of discovery—in partnership with an established organization with a great track record—we are going to do it.”

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