Intelligent InSites Receives Venture Capital Funding

Intelligent InSites, Inc., announced today that Arthur Ventures, a Fargo-based venture capital group, has chosen the company to be the first major investment from its initial $11.3 million dollar growth fund. As part of the investment, former Microsoft Senior Vice President and current Arthur Ventures Chairman Doug Burgum will sit on the Intelligent InSites Board of Directors. “We are pleased to be partnering with a dedicated group of investors that has a firm understanding of our mission to profoundly improve the safety, satisfaction, and quality of life of our healthcare clients and the patients and residents they serve,” said Intelligent InSites CEO Mark Rheault. “As a member of our board, Doug Burgum’s guidance will be an invaluable asset to our company. He knows exactly what it takes to grow an innovative technology... [read full story]