HealthTeacher VC update

HealthTeacher, just a 12-year-old, has now had total financings of about $15MM. They're heavying-up the team, added a new private-equity partner and are ready to take it on the road. Read about here.

SSM Partners raise update

SSM Partners, which is an investor in payment-solutions provider Frontstream Payments in Brentwood, said in an SEC filing that, as of its filing, it had raised $56.7MM toward a targeted $125MM for its fourth fund. SSM is based in Memphis, and typically invests $5MM-$20MM.