Cordex Systems Closes $5m+ Series A funding

Cordex Systems, a Maryland-based developer of technology to detect heart disease early, closed a $5m+ Series A funding.

Backers included Plum Alley Investments, which invested $1.19m, professional and strategic investors, family offices, former and current executives from major fortune 500 companies including Pfizer, PwC, Morgan Stanley, Schwab and NBC Universal, Venetto Ltd., which joined National Institutes of Health, Maryland Technology Development Company (TEDCO), and Maryland Industrial Partnerships (MIPs).

The company will use the funds to contineu to develop the technology and expand operations.

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