After a decade in business, Claron Technology Inc has raised a first round of financing from the Business Development Bank of Canada. It will use the funds to further accelerate its rapid growth, and strengthen its product engineering and distribution capabilities.

“Claron is a strong illustration of a successful and rapidly expanding technology firm fueled by talented and committed entrepreneurs,” said Enes Kula of the BDC’s Subordinate Financing Group. “We are extremely pleased to support the company’s continued growth and look forward to participating in its ongoing contributions to healthcare IT.”