Friday, January 28, 2011

Net.Orange Gets $5M

Irving-based Net.Orange, a developer of web services software for the healthcare industry, has raised $5M in a funding round, according to a regulatory filing by the firm this week. No details on the funding have been announced by the firm yet, however, Ram Velidi of Sevin Rosen Funds now sits on the company's board of directors. Net.Orange is headed by Vasu Rangadass, who was the first employee of i2 Technologies. More information »