Today San Francisco-based Chronicled announced it has raised a $16 million Series A funding round led my Mandra Capital. Others participating included Streamlined Ventures, The Perkins Funds, Frank Fiore and David Aho. Chronicled is best known for the MediLedger Network which is working on a pharmaceutical supply chain solution to address US legal requirements for traceability of returns.
The company says the funds will be used to fund MediLedger and to set up an additional technology development office in Vancouver, Canada. Chronicled currently has a team of 50 which it plans to expand to 70 in the coming year.
MediLedger
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