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This article originally appeared in FinSMEs News on December 5, 2023.
Ketryx, a Boston, MA-based provider of connected application lifecycle management software for the life sciences industry, raised $14M in Series A funding.
The round, which brought the total amount to $18M, was led by Lightspeed Venture Partners, with participation from existing investors including MIT’s E14 Fund and Ubiquity Ventures. Lightspeed partner Guru Chahal will join the board.
The company intends to use the funds to accelerate its product development and commercial expansion.