G2X TAKE: The opportunity to pick up additional investment is an attractive option for those firms looking to take that next step and included here are two different strategies for how to do that, one from a longtime DHA and VA mainstay and another from a rising CMS SPARC prime.
Audacious Inquiry (Ai), a health information technology (IT) and policy company that delivers solutions for connected healthcare, announced just last week that they have received an investment from a late-stage growth company investor, with the funding for this CMS SPARC prime and small business expected to be primarily used to expand the company’s geographic footprint. More Details Here.
An alternative approach comes from the well-established PSI INTERNATIONAL, Inc. (PSI) as they are reported to be taking the next steps in their effort to go public on the Nasdaq Capital Market, under the trading symbol PSIT. Building on their extensive Life Sciences & Healthcare Sector capabilities and a broad set of Federal past performance, the funding is expected to be used to ‘significantly increase R&D efforts.’ More Details Here.
Both firms mentioned here have had great success, but are clearly eyeing bigger growth. Partners and competitors alike will be monitoring how these groups leverage their new found capital to position themselves in the marketplace.