In the US, Federated Sample has raised $2.8m in Series A funding, which will be used to accelerate the roll out of features in its sample management platform, Fulcrum. The investment will also be used to hire new sales, service and technology staff.
Federated Sample was launched in August 2010 by New Orleans-based research technology start-up Jackson Square Group (JSG), and offers sampling automation technology. The firm also has offices in New York - led by former Vision Critical exec Meredith May - and Los Angeles, managed by former Ipsos-OTX director Diego Rodriguez.
The funding has been led by Sopris Capital Associates and included Voodoo Ventures and many original seed investors. As a result Sopris Capital's Jon Kaiden joins the sampling company's Board of Directors.
Federated Sample founder and CEO Patrick Comer (pictured) comments: 'Working with Sopris Capital and our other investors will propel us to the next level. This partnership enhances our ability to innovate and to build on the tremendous momentum we've established.'
Web site: www.federatedsample.com .
All articles 2006-21 written and edited by Mel Crowther and/or Nick Thomas unless otherwise stated.