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JMI Equity Backs Jvion's Healthcare AI Software

socalTECH

The funding was led by JMI Equity, and also included Health Enterprise Partners (HEP) and Health Velocity Capital (HVC). Jvion said it will use the funding to accelerate expansion across its market. Jvion is based in Atlanta, Georgia, and was founded in 2011. READ MORE>>.

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XIFIN Acquired By GTCR

socalTECH

San Diego-based XIFIN , a developer of cloud-based software for the healthcare diagnostics market, has been acquired by private equity investor GTCR. XIFIN supplies its software in the molecular diagnostics, pain management/toxicology, anatomic pathology, radiology, hospital outreach, medical device and clinical laboratory markets.

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Breach Security Raises $5M More

socalTECH

Carlsbad-based Breach Security , a developer of IT security tools, announced this morning that it has raised $5M in additional funding, from existing investor Sid R. The firm said the expansion financing would go towards product development and further market expansion. 5, or Evergreen Venture Partners participated in this round.

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ParAccel Raises $22M

socalTECH

Jarve has joined the board with the funding. ParAccel said the funding will go towards product development, sales and marketing, and to ramp up services and support. Notably missing from this venture round for the firm was Enterprise Partners, an early backer of the firm. According to ParAccel, Menlo's John W.