Friday, January 11, 2008

Canopy Financial provides innovative technology solutions that connect healthcare and financial services got 15 million in VCs funding

What Company Is Offering
Canopy Financial provides innovative technology solutions that connect healthcare and financial services. Serving some of the world's largest healthcare and financial institutions, Canopy powers the development and delivery of complete healthcare banking services for both consumers and businesses.

How Much They Got From VCs:
Canopy Financial, a leading provider of innovative technology solutions that connect healthcare and financial services, announced it has completed a minority capital venture funding round of approximately 15 million dollars. Led by Granite Global Ventures, the new funding round will support product development and marketing of Canopy's leading edge healthcare banking technologies for the rapidly growing Health Savings Account (HSA) and Consumer-Driven Healthcare (CDH) market.

About VCs:

Granite Global Ventures is a leader in expansion-stage venture capital investments in the United States and Asia. Focused on expanding global innovation, GGV's highly diverse team manages over $800 million from its offices in Silicon Valley, Shanghai, and Singapore. The firm invests across a range of sectors in information technology, services and healthcare, as well as emerging industry segments in Asia. GGV has provided capital and helped accelerate international business development for its worldwide portfolio of high-growth companies, particularly in the U.S. and China. GGV's portfolio includes athenahealth, SuccessFactors, Alibaba.com, HiSoft, Tudou.com, Boston-Power, and Isilon Systems.http://www.ggvc.com.
More at:http://www.canopyfi.com

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