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Madison health care technology company Catalyze raises $4 million

Tuesday, April 14, 2015

Catalyze Inc., a Madison health care technology company, has raised $4 million from nine investors, according to a filing with the U.S. Securities and Exchange Commission.

The funding brings the amount company has raised to more than $6 million. Catalyze was founded in 2013 by Travis Good, who previously analyzed security systems with PriceWaterhouseCoopers and Booz Allen Hamilton. Good also became a physician in 2011.

Catalyze went through the gener8tor start-up training program in 2013. Wisconsin investors Mark Bakken and Don Layden are on the company's board of directors. Catalyze provides health care companies with servers and databases that meet federal privacy guidelines under the Health Insurance Portability and Accountability Act of 1996, known as HIPPA.

Additionally, Rowheels Inc. said it has raised $390,000 of a proposed $900,000 funding round. The Madison company has a mechanism that changes how wheelchairs are propelled by their users. It was founded by Rimas Buinevicius, former top executive of Sonic Foundry Inc., and was the winner of the 2012 Wisconsin Governor's Business Plan Contest.

 

jsonline.com