Wednesday, May 14, 2008

Talyst Takes $20M In Third Round

Bellevue-based Talyst said today that it has received $20M in a third round of investment. The funding came from prior investors AIG Investments, Ignition Partners and OVP Venture Partners. According to the company, only $8.5M of that commitment has been funded, with the remaining balance available to the company when needed. The firm said it will use the investment to pursue continued growth and expand its product offerings to new market segments. Talyst develops automated systems for pharmacy dispensing. More information »