Tech roundup: Fibroblast teams with Presence Health, Argon Credit raises $75M, & more

by Doug Pitorak
May 28, 2015


Fibroblast teams up with Presence Health

One of the ways leading health systems improve quality, control costs and improve care coordination is by leveraging emerging technology. Presence Health and Fibroblast jointly announced May 21 a new partnership for innovative referral management technology that will reduce fragmentation and streamline navigation as patients move between providers and services while receiving medical care. The contract was inked in March.


edo Interactive raises $20M, appoints new CEO

edo Interactive announced last week it closed a $20 million Series E round. Existing investors contributed to the equity-based funding, including VantagePoint Capital Partners, Baird Capital, and multiple Nashville-located investment groups. Furthermore, the company — founded in 2007 — announced its board chose Souheil Badran to be the new president and CEO, replacing founder Ed Braswell, who will continue to serve as executive vice chairman. [Built In Chicago]

[ibimage==47824==Original==none==self==ibimage_align-center]BLUE1647 announces program geared toward women in tech

In recent weeks, BLUE1647, the Chicago incubator headquartered in Pilsen, announced a new program geared to help women get into tech. The program, called 1919: Women in Technology and Entrepreneurship, started May 27 and provides mentorship, education and networking. [BLUE1647 Launches a New Program for Women in Tech: ChicagoInno]

[ibimage==47825==Original==none==self==ibimage_align-center]Argon raises $75M in funding

Argon, a Burr Ridge, Ill.-based leading provider of online consumer loans, announced May 19 it has successfully raised a total of $81 million from investors, highlighted most recently by a $75 million debt facility from a credit hedge fund. The financing, courtesy of Princeton Alternative Funding, will enable Argon to accelerate its growth in originating near-prime and prime consumer loans through its proprietary online platform.


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