PHEMI Systems secures bridge financing

Ted Liu

PHEMI Systems Corporation, a big data warehouse company, has raised $[mepr-active rule=”374″ ifallowed=”hide”]##Subscribers, please login to read deal details. Not yet a subscriber? Subscribe today to see our research on this deal and all other subscriber ONLY deals##[/mepr-active][mepr-active rule=”374″]6.175 million in convertible promissory note financing[/mepr-active] led by CTI Life Sciences Fund with participation of existing investors, BDC Capital, Yaletown Venture Partners and private investors.

McCarthy Tétrault LLP acted as legal counsel to PHEMI Systems.

PHEMI Central is a new class of data warehouse that uses big data technologies to handle any volume and variety of data, while providing advanced features for data management, privacy, and governance – all built right in.

In August 2015, PHEMI closed a $12.2 million round of financing co-led by CTI Life Sciences Fund and British Columbia Discovery Fund and included significant participation from BDC Capital Healthcare Venture Fund and Yaletown Venture Partners.

photo credit: PHEMI