Thursday, May 27, 2004

DataLabs Raises $5.5M

Irvine-based DataLabs has raised $5.5M in a Series A funding. The company is developing software for the biopharmaceutical industry. DataLab's initial products provide electronic data capture and management of patient data for clinical trials. The products are targeted at streamlining the time it takes to conduct clinical trials, and speed time to market for new pharmaceuticals. The funding came from Nexus Advisory Corp. More information »