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SOFTWARE: Co. Sees Innovations as a Way to Market Leadership
SurgLogs, a local software startup raised $5 million in venture capital from investors in Silicon Valley. The company recently moved into a new office in downtown San Diego and will hire up to 50 more San Diego employees.
Founded in 2015, the company makes software that helps health-care centers digitize processes to streamline management and compliance-related paperwork.
SurgLogs raised the money from venture capital firms 8VC, a San Francisco group, and Credo Ventures, based in Silicon Valley. To date, the company's total investment capital is $7 million. It previously raised $2 million from its own founders, angel investors and Credo.
With the new funding, SurgLogs business strategy is three-fold: hire new talent, expand...