PointClickCare raises $111 mln in Dragoneer-led funding round
Toronto healthcare software company PointClickCare Technologies has raised about $111 million (US$85 million) in a follow-on financing. The round was led by Dragoneer Investment Group and joined by JMI Equity, which acquired a minority stake in the company in 2011. PointClickCare is a provider of cloud-based software and services for the long-term post-acute care and senior living markets. It said the funds raised will help accelerate a focus on delivering solutions to customers and end markets. In 2015, PointClickCare launched an initial public offering that was expected to raise about US$100 million. CEO Mike Wessinger said the company has not ruled out a public sale in the future.
1 February 2017•4 mins read
