Clinipace picks up $50 mln

Morrisville, North Carolina-based Clinipace Worldwide, a digital clinical research organization, has raised $50 million in funding. Virgo Investment Group led the round with participation from other investors that included Crestline Investors, Morgan Stanley Expansion Capital, Hatteras Venture Partners, Harbert Venture Partners and Mario Family Funds. Perella Weinberg Partners served as an advisor on the transaction.

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