The Series B-1 investment comes from health care venture capital firm Frist Cressey Ventures of Nashville, Tennessee. The Frist Cressey investment follows a $20 million Series B fundraise that Axuall announced in May and brings the company's total raise to date to more than $41 million.
Frist Cressey Ventures is among the nation’s leading venture capital firms in healthcare, joining a large group of healthcare investors and organizations.
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