Nashua firm nets $5m in funding

Monday, January 10, 2011

DiagnosisONE, a health-care software firm in Nashua, has received $5 million in funding from the Edison Venture Fund.

DiagnosisONE’s Clinical Decision Support application integrates patient information from a variety of sources to aid health-care providers in developing treatment options at the patient’s bedside.

The company, described in a press release as being in the expansion stage, said it will use the money for sales and marketing and for further product development.

Edison was the sole funder in the round.

"DiagnosisONE is at the cutting edge of next-generation clinical decision support solutions and is well positioned in this fast growing healthcare IT market segment," said Michael Balmuth, Edison general partner.

Last year, DiagnosisONE was selected by the Centers for Disease Control to develop the IT infrastructure for the national public health system in Pakistan.

Its D1.Surveillance system helps Pakistani public health officials to collect and analyze data about real or potential outbreaks of communicable diseases. – CINDY KIBBE/NEW HAMPSHIRE BUSINESS REVIEW

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