The company, which has developed a software platform to help medical device companies navigate the regulatory landscape, says it will use the funding to accelerate product development and support "significant global growth." The investment comes from Maryland-based growth equity firm JMI Equity, which focuses on software companies.

Greenlight Guru is the only all-in-one medical device success platform helping solve the unique challenges of device makers across their entire product's lifecycle. The platform helps companies bring safer products to market faster, simplifies FDA and ISO regulatory compliance, and provides a single source of truth by connecting the management of quality, product development, and regulatory processes. Greenlight Guru's platform is used by over 500 medical device companies across the globe to push beyond baseline compliance and achieve True Quality for their devices. For more information, visit http://www.greenlight.guru