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Canal Partners is a venture capital firm based in Scottsdale, Arizona, that specializes in providing growth capital to technology-enabled services and software companies. While not a traditional biotechnology or pharmaceutical developer, the firm has a significant footprint in the healthcare sector through its investments in healthcare IT and medical software platforms. Notable healthcare-related portfolio companies include WebPT, a leading electronic medical record (EMR) and practice management solution for physical therapists, and LifeLock. The firm typically targets companies with proven business models and high growth potential, providing the strategic guidance and capital necessary to scale operations.
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