TGX Medical Systems

Established in 2000, and formerly known as TerraGraphiX, TGX Medical Systems developed and marketed software solutions focused on medical asset management and tracking. The company operated from Carmel, Indiana, and catered to a range of clients from small to large-sized hospitals and medical facilities. Its business model revolved around providing web-based systems that integrated with specialized hardware from major suppliers, targeting the healthcare services and IT consulting sectors.

The core of TGX Medical's offering was its asset management software. This system provided solutions for tracking medical instruments within healthcare facilities. Key features that set its products apart included sophisticated user interfaces, high scalability, and the ease with which they could be modified to fit specific client needs. The company's systems were also extensively patented.

The company's journey included a significant funding milestone on September 30, 2005, when it raised $1.5 million in a Series A round from institutional investor Mutual Capital Partners. This venture capital backing supported its growth and operations. Ultimately, TGX Medical Systems was acquired by Integra LifeSciences Holding on April 4, 2017, for $5.4 million, marking its exit as a venture-backed entity.

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