SPK Capital Funds Pharmacy Services Firm

Los Angeles-based SPK Capital, an investment firm, has funded San Francisco-based Pipeline Healthcare, Pipeline said last week. Pipeline said SPK Capital led a $2.5M, Series A funding round for the firm. Pipeline Healthcare is a provider of telepharmacy services to hospitals and retail pharmacies. Other participants in the Series A round included ASC Capital and a number un-named healthcare angels. Pipeline Healthcare provides remote order entry, prescription processing and medication verification services via phone to pharmacies and hospitals. SPK Capital is represented by Elliot Karathanasis on the deal. More information »