Riffyn raises $15M

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Riffyn, a Software-as-a-Service (SaaS) provider for scientific process design and data analytics, has raised a $15 million Series B financing round. The investment was led by M Ventures, with participation from Waters Corporation, O’Reilly AlphaTech Ventures, and Plug and Play Ventures.

Riffyn says it will use the funds to expand sales and scientific services, and to accelerate development of process development and data analytics technology.

[Image courtesy: Riffyn]