Wednesday, September 7, 2011

Valen Technologies Gains $7.5M

Denver-based Valen Technologies, the developer of predictive analytics software for the insurance industry, said today that it has raised $7.5M in a growth equity financing round. Valen said the funding came from QED Investors and Core Capital Partners, along with the firm's other current investors. Valen said the new funding will go towards working capital and investments in its platform, channel, sales, and marketing. Valen Technologies is headed by Dax Craig. More information »