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ArborMetrix Increases Series B Financing by $1.3M

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Healthcare analytics provider ArborMetrix increased its Series B financing by $1.3 million to allow Renaissance Venture Capital Fund and Detroit Innovative to participate.

This investment will accelerate the company's national market expansion to meet increasing demand for its real-time, risk adjusted clinical performance analytics tools. The company's analytics are designed for healthcare providers and payers to improve quality, safety and cost-effectiveness in surgical and specialty care.

Last summer the company's earlier round of Series B financing was led by RPM Ventures alongside existing investor Arboretum Ventures. Wolverine Venture Fund participated in earlier investment.

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