Updated with details from CEO David Lischner

Valant Medical Solutions has raised nearly $1 million in a new round of equity funding.

The Seattle startup, led by psychiatrist David Lischner, has developed a web-based electronic medical record service specifically for psychiatrists and mental health workers.

The offering was initially for $750,000, but in a regulatory filing, Valant said it has raised $937,000.

The company raised $1 million in a Series A round in December 2010. The startup has received funding from the Seattle-based Alliance of Angels and Revenue Loan.

The new round is angel money, mostly from previous investors, said Lischner. He said the round will be kept open with a goal of raising another $500,000.

He said the new funding will help beef up marketing and sales efforts and accelerate the company’s product development time line.

Lischner said Valant plans added features in early 2012, including mobile and tablet capabilities and an integrated patient portal to help track outcome data to help users improve services.

Valant has 23 employees.

Lischner said he became acutely aware of the time demands on private-practice mental health care professionals after opening and operating Evidence Based Treatment Centers of Seattle.

Valant has more than 800 providers using the software and offers a certified web-based electronic medical record solution for behavioral health care practices.