Redondo Beach, Calif.-based ProcessClaims announced the closing of their latest round of financing led by meVC Draper Fisher Jurvetson Fund I.
Big Sky Partners, who led the previous round, is again participating in the current round of financing. meVC Draper Fisher Jurvetson Fund I is a publicly traded information technology venture capital fund providing individual investors access to venture capital investments.
The transaction was facilitated by Rutberg & Company, LLC. and E&Y Capital Advisors Inc.
meVC Draper Fisher Jurvetson Fund I, Inc., an information technology venture capital fund, was formed through a collaborative effort between meVC, a Delaware corporation, and Draper Fisher Jurvetson, a leading venture capital firm. The Fund’s investment objective is long-term capital appreciation from venture capital investments in information technology companies, primarily in the Internet, e-commerce, telecommunications, networking, software and information services industries.
ProcessClaims is the internet-based bridge linking the insurance and collision repair industries and their trading partners.
Was this article valuable?
Here are more articles you may enjoy.
Jury Finds No Gun Defect, Sides With Sig Sauer in Unintended Discharge Case 
Thoma Bravo to Take Accelerant Private in $4 Billion Deal 
Delta Probing Unauthorized Wi-Fi on Flight After Hacker Event 
Seven People Charged in $100M Workers’ Compensation Fraud Operation in Florida 
