Wednesday, November 7, 2012

ORIX Ventures Provides $10M To Talyst

Dallas-based venture lender ORIX Ventures, which provides venture debt funding to startups and other high tech companies, said that it has provided a $10M growth capital commitment to Talyst, a provider of pharmacy automation technology. Terms of the funding were not announced. ORIX said that Talyst will use the funding to support expansion into the long-term care and correctional markets, as well as for greater penetration into its existing, acute-care market. ORIX Venturs provides its capital to mid and late-stage startups; the firm said it has made investments in more than 100 growth companies since 2001. Talyst is based in Washington State.