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Data Center News > Blog > Investments > Sware Raises $6M in Series B Funding
Investments

Sware Raises $6M in Series B Funding

Last updated: June 8, 2024 3:52 pm
Published June 8, 2024
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Sware, a Boston, MA-based supplier of a software program validation resolution for progressive life sciences firms, raised $6M in Sequence B funding.

The spherical was led by First Evaluation, with participation from present buyers together with LRVHealth, New Stack Ventures and Perception Companions. Because of the funding, Matt Nicklin, managing director at First Evaluation, will be part of the corporate’s board of administrators.

The corporate intends to make use of the funds to bolster analysis and improvement of its pc methods validation (CSV) platform, Res_Q, to additional streamline processes with synthetic intelligence (AI), and to develop its gross sales group.

Led by CEO Ellen Reilly, Sware gives Res_Q™, a software program platform that gives full validation resolution eliminating validation debt. With it, the corporate allows pharmaceutical, medical system and biotechnology firms to automate, combine and scale their validation processes. It’s a cloud-based platform constructed with an open API structure that enables organizations to regulate all validation processes – for IT, manufacturing, lab methods, and extra – in a single system.

FinSMEs

07/06/2024

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See also  Natcap Raises $10M in Series A Funding
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