Collectly Hunts Down $1.9M For Medical Debt Recovery Service

Walnut, California-based Collectly, a debt collection service which tracks down patients owing overdue medical bills, has raised $1.9M in a funding, the company said last week. The LA area company, led by CEO Levon Brutyan, said the funding came from GoAhead Ventures, and also included Lightspeed Venture Partners, Index Ventures, WTI, IT-Farm,, Granatus Ventures, HIVE and OnWave Ventures. More information »