goBalto Inks $12M

goBalto Inc., a San Francisco-based startup, has raised $12 million in venture capital led by EDBI, the investment arm of Singapore's Economic Development Board, with participation from Qualcomm Life Fund, Aberdare Ventures, West Health Investment Fund, and founding CEO Jae Chung. The new round of funding brings goBalto's total financing to $21 million. The company makes cloud-based software designed to simplify how clinical trials are conducted.

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