Xlerant, Norwalk, CT, a financial services software company licensing budget preparation software for mid-sized and large organizations.

meQuilibrium, Boston, MA, a provider of personalized online stress management solutions for consumers and employers.

StraighterLine, Baltimore, MD, a provider of online general education courses to postsecondary students.

MyHealthDIRECT, Delafield, WI, a provider of web-based access management solutions to healthcare providers and payers.

Chrysalis invested in Houston, TX-based MedServe, a provider of medical waste management services to hospitals and clinics which later grew to become the second largest medical waste processor in the nation. The company was acquired by and became a wholly-owned subsidiary of Stericycle, Inc. (NASDAQ:SRCL) in December 2009.

NextImage Medical, San Diego, CA, a provider of next-generation radiology services to the workers’ compensation market.
]]> http://www.chrysalisventures.com/2009/11/nextimage-medical/feed/ 0 http://www.chrysalisventures.com/2009/05/cervilenz/ http://www.chrysalisventures.com/2009/05/cervilenz/#comments Tue, 12 May 2009 14:31:31 +0000 news http://www.chrysalisventures.com/?p=339

CerviLenz, Cleveland, OH, a manufacturer and distributor of a disposable device used to predict the risk of preterm birth in pregnant women.

Sanovia, Philadelphia, PA, a provider of automated pharmaceutical management software solutions to health plans and pharmacy benefit management companies.

Foundation Radiology Group, Pittsburgh, PA, a provider of diagnostic imaging and radiology services to hospitals through a unique hybrid staffing model.

Chrysalis’ investment was in ActaMed, an Atlanta, GA company that merged with Healtheon in June 1998. Healtheon went public in February 1999 and subsequently merged with WebMD, changing its name to Healtheon/WebMD Corporation and later to WebMD Corporation in 2000. Further, the parent company changed its name to Emdeon Corporation (NASDAQ: HLTH) in 2005 when WebMD Health (NASDAQ: WBMD) completed its initial public offering. Today WebMD is a leading Internet-based provider of e-commerce solutions to the healthcare industry.