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Ottawa-based CareWorx Fully Managed raises $25M to tackle US market

Art Post · 1/28/209:00 PM

An Ottawa-based provider of managed IT services and senior care technology has landed $25 million in new financing as it sets the stage for a major expansion into the United States. CareWorx Fully Managed said Tuesday it has secured the funds from Dallas-based Comerica, one of the largest banks in the U.S., and BDC Capital. The company said it plans to use the latest cash infusion to “accelerate organic growth and strategic acquisitions across North America.” read the rest here

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Ottawa-based CareWorx Fully Managed raises $25M to tackle US market

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