Liaison is on a roll: buys nuBridges and receives USD 30 million funding

News items don’t have to be lengthy to be impressive. As you all probably know, Liaison Technologies, provides business integration and data management services. Recent news is that it raised the funding from undisclosed investors last May and bought nuBridges in April.

Funding

The USD 30 million funding is meant for acceleratings its growth in the life sciences, healthcare and health information exchange (HIE) markets.The healthcare and life sciences business accounts for more than 30 percent Liaison’s business.

nuBridges acquisition

Last April Liaison Technologies bought nuBridges a provider of enterprise data security, managed file transfer, B2B integration and compliance management. Financial terms were not disclosed.

The nuBridges acquisition is part of its strategy to add to its cloud-based integration and data management offerings. Or as Bob Renner, Liaison’s CEO puts it:

“NuBridges is an established leader in data security, file transfer and value-added network technologies and services, with a reputation for innovation and stellar customer service,”

“Adding nuBridges’ capabilities to Liaison’s current suite of offerings will provide our customers with a comprehensive Integration and Data Management platform suitable for the unique and demanding needs of the many industries we serve, including life science, health care, financial services, telecommunications, retail and many more.”

An Atlanta-based data management company has raised up to $30 million in funding as it expands into the life science and healthcare market.


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