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gloStream Announces $7.5 Million Series B Financing Round Co-Led by Beringea and gloStream's Executive Management Team
Date:5/27/2009

lus encouraging hundreds of thousands of doctors to implement EMR technology for the first time, it's critical that doctors have customizable solutions that are easy to deploy, easy to use and backed by local support.

"Beringea's investment is an important vote of confidence in our people, our products and our vision," said Mike Sappington, gloStream's CEO. "It's also recognition that Michigan-based companies are taking a leadership role when it comes to national healthcare IT initiatives and creating technology that will drastically improve the care that doctors can provide their patients."

About gloStream

Bloomfield Hills, Mich.-based gloStream provides physicians and healthcare facilities with certified electronic medical record and practice management solutions delivered and supported through a nationwide network of local technology partners. gloStream products are secure, easy-to-use applications and the only integrated EMR/PM solutions on the market embedded with Microsoft Office. Through a simple user interface, robust voice recognition technology, and single-click access to all patient information, gloStream products help doctors improve patient care by streamlining workflow and creating efficiencies in office administration. For more information, visit www.glostream.com or call 1-877-456-3671.

About Beringea

Beringea is an international private equity and investment banking firm headquartered in Farmington Hills, Mich., with offices in Los Angeles, London and Shanghai. Beringea manages more than $400 million in venture capital funds, investing in a range of growth-oriented companies with the potential for strong returns for investors. Its funds include the InvestMichigan! Growth Capital Fund, InvestCare Partners, Global Rights Fund II and the ProVen family of venture capital trusts
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