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Ajit Nagral Founded Scitara Raises $5 Million in Series A Round

INDIA New England News Ajit Nagral MARLBOROUGH, Mass.– Scitara Corporation, a provider of laboratory-specific, cloud-based software solutions for the biopharmaceutical and industrial markets, announced the closing of $5 million in a Series A round. In 2018, Mr. Nagral sold his earlier venture 1,100-employee Sciformix Corp to LabCorp. Mr. Nagral is a serial entrepreneur who has built multiple companies in the life science and technology domain. Prior to Sciformix, Mr. Nagral founded NuGenesis Technologies Corporation, a company that became a worldwide leader in Scientific Data Management and was acquired by Waters Corporation (NYSE: WAT) a multi-billion dollar Life Science company. Prior to NuGenesis, Mr. Nagral founded Megaware, Inc. in 1991, a critical provider of Software and IT Services to the Life Science industry.

Scitara Raises $5 Million to Accelerate Digital Transformation of Scientific Laboratories – Consumer Electronics Net

2 months ago Investment to expand Scitara Digital Lab Exchange (DLX) platform capabilities aimed at digitalizing laboratory data, establishing strategic partnerships, and fulfilling customer demand MARLBOROUGH, Mass.–(BUSINESS WIRE)–Scitara Corporation, a global provider of laboratory-specific, cloud-based software solutions for the biopharmaceutical and industrial markets, today announced the closing of $5 million in a Series A round. The investment was led by Northpond Ventures, with participation from existing investor Flybridge Capital. Scitara will use the investment to fully build out its Digital Lab Exchange (DLX) platform, partner with key stakeholders in the ecosystem, and bring about true digital transformation of the scientific laboratory. Andrea Jackson, director at Northpond Ventures, will join Scitara’s Board of Directors.

Marlborough biosciences software firm raises $5M

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