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.

Comments

Type your comment here:

Today's Poll What do you think of the move by major retailers Wal-Mart and TJX to raise their minimum pay levels to $9 an hour?<>
ADVERTISEMENTS
Most Popular on Facebook
Copyright 2017 New England Business Media