BOSTON, MA, Seniorlink (www.seniorlink.com) today announced the completion of a $5.0 million round of funding led by Commonwealth Capital Ventures. The company also announced that Elliot M. Katzman, General Partner of Commonwealth Capital Ventures, will join Seniorlink's Board of Directors.

The funding will be used primarily to strengthen Seniortouch, Seniorlink's web-based care management system, and to develop other information technology assets that improve Seniorlink's ability to manage care on behalf of frail elders and people with disabilities.

"We are pleased to find an investor who shares our commitment to helping frail elders and people with disabilities live with dignity and independence," said E. Byron Hensley, Chairman and CEO of Seniorlink. "We look forward to working with Elliot and the Commonwealth Capital team to grow our business and accelerate our ability to innovate in this very exciting market."

"By providing a solution that reduces the total cost of elder care with improved outcomes, Seniorlink has created a very exciting company in the fast-growing health care market," said Elliot Katzman, General Partner, Commonwealth Capital Ventures. "We're delighted to work with Byron, Tom and the Seniorlink team, all of whom are passionate about serving this very important and rapidly expanding market."

About Seniorlink

Seniorlink offers expertise in managing care for frail elders and people with disabilities, and an innovative service model, Structured Family Caregiving (SFC), for those who need care coordination and significant help with activities of daily living.

About Commonwealth Capital Ventures

Commonwealth Capital Ventures (Waltham, MA) is a venture capital firm focused on software and software-based services, Internet and digital media, communications technology, and instruments and systems investments in the northeast United States. The firm's collaborative investment approach leverages the entire team's venture and operating expertise, experience, and contacts to guide portfolio companies through all stages of their development. Since its inception in 1995, Commonwealth Capital has invested in more than 140 high-growth companies. Commonwealth currently manages over $580 million of committed capital across four funds. For more information, please visit www.commonwealthvc.com.