March 2, 2015

Framingham tech firm announces equity investment

Definitive Healthcare, which provides data, intelligence and analytics on the health care provider market, said it has received what it calls a "significant" investment from a Boston-based growth equity firm.

The amount of the investment, by Spectrum Equity, was not disclosed.

Definitive said the investment will help it continue to growth. It said it has more than doubled its revenue in each of the last three years and quadrupled its customer base in the last two.

As part of the deal, Jeff Haywood, a principal at Spectrum, and Chris Mitchell, a managing director, have joined Definitive's board of directors, Definitive said.


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