Safeguard Scientifics to invest $9 million in N.Y. company

Safeguard Scientifics Inc. said today it would invest $9 million in a New York medical billing company.

Safeguard, which invests in and provides support to start-up firms, said its partner, New York-based Founders Equity Inc., will invest an additional $11 million in Advantedge Healthcare Solutions, which was founded in 1999.

 

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