Canal Partners Invests in WebPT

WebPT, a Phoenix technology startup that provides electronic medical-record solutions for physical-therapy practices has been given $1 million by a Scottsdale private-equity firm that focuses on software and Internet technologies.

WebPT announced the funding from Canal Partners on Monday. The money will be used for marketing, WebPT CEO Paul Winandy said. It is the first outside funding for the 3-year-old company, he said.

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