NU Online News Service, March 25, 2004, 12:32 p.m. EST – Connecture Inc., Atlanta, has raised $6 million in capital by selling stock to a private investment group.[@@]
Connecture develops Web-based sales and service systems for big health insurers. Its customers include Aetna Inc., Hartford; PacifiCare Health Systems Inc., Cypress, Calif.; and many carriers that belong to the Blue Cross and Blue Shield Association, Chicago.
Chrysalis Ventures L.L.C., Louisville, Ky., organized the latest round of financing. The other investors include 4 firms that have invested in Connecture in the past, Chrysalis says.