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ikaSystems Snares $12.4M

2012-12-17
SOUTHBOROUGH, MA, Developer of business process management technology, has raised $12.4 million in a round of venture capital.
ikaSystems, a developer of business process management technology, has raised $12.4 million in a round of venture capital, according to a new filing by the company with the Securities and Exchange Commission. Six separate investors participated in the offering.

ikaSystems is the premier provider of business process optimization and intelligence management technology supporting health insurers' commercial, Medicare and Medicaid lines of business.
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