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Venture Capital News: HPS Closes $25M in New Funding

MILWAUKEE, WI, Health Payment Systems has raised another $25 million of funding.
MILWAUKEE, WI, Health Payment Systems, Inc. (HPS)/PayMedix has raised another $25 million of funding to accelerate the growth of its groundbreaking PayMedix healthcare financing solution. Credit funds managed by SVB Capital, the venture capital and credit investing arm of SVB, led the financing, and were also joined by all current HPS/PayMedix investors including SV Health Investors, Hexagon, Inc. and Caltius Equity.
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