NextDocs gets $10M investment from OpenView
NextDocs of King of Prussia, Pa., provides life sciences companies of all sizes with software products designed to reduce the cost and complexity of meeting government regulatory and compliance requirements.
In June, the company entered into a partnership with Microsoft to open a “life sciences solutions scalability lab” inside the Microsoft Technology Center in Malvern, Pa. The lab will be used by drug developers to test and verify the effectiveness of new product candidates.
The company plans to use the proceeds from the financing to broaden product lines, expand into new markets and strengthen customer service and support.
NextDocs was founded in 2006 by Zikria Syed, the company’s CEO, and Matt Walz, its chief technology officer.