MobiHealth News April 15, 2024
The company plans to use the funds to further its AI development and create new hybrid solutions.
Phoenix-based Dot Compliance, which provides an AI-powered quality management system for compliance, announced it closed $17 million in Series B extension funding, bringing its total funding to $50 million.
The funding round was led by existing investors IGP Capital and Vertex Ventures with additional investment from TPY Capital.
WHAT IT DOES
Dot Compliance AI solutions provide a vendor-neutral eQMS platform for compliance needs, which includes document, change and supplier quality management. Compliance regulations and standards that the solutions address include FDA 21 CFR Part II, FDA 21 CFR Part 820 and EU GMP Annex II.
Dot Compliance will use the funds to...