The company has raised $26.5 million to expand its digital transactions management business and bolster the staff to increase product development; the round was led by LLR Partners, a Philadelphia-based private equity firm; CEO Stephen Bisbee said, "We are seeing more opportunity in front of us than we're able to execute with our current staff." Source
eOriginal has appointed Brian Madocks as the firm's new CEO; co-founder Stephen Bisbee will become president of the firm working directly with Madocks on eOriginal's digital documentation offerings and the company's growth; Madocks brings 25 years of business technology and application software experience with work in executive roles at Rivitas Inc., Vitalyst Inc. and SunGard Higher Education. Source