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Axial Healthcare Nets $8 Million Venture Equity

Thursday, July 16, 2015 5:30:00 AM PDT | VentureDeal
   Nashville, Tennessee  --  Software technology company Axial Healthcare has secured $1 million in new venture capital equity funding, according to an SEC regulatory filing.

Axial says that it provides "health insurers with interoperable big data advanced analytics, network solutions and a connect platform to improve clinical and economic outcomes for patients in pain."

Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.

Axial has previously raised at least $3.5 million in early stage financing.

The company is backed by several strategic investors.

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