WALTHAM, Nov. 2, Revit Technology announced it has
secured $7 million in additional funding. Atlas Venture and
North Bridge Venture Partners maintain their involvement in
the company with this investment. Senior management at Revit
Technology also contributed to this latest round of funding.
Founded in 1997, Revit is developing the first parametric
building modeller developed for the AEC industry.
MEDFORD,
Nov. 6, Scion Pharmaceuticals announced the completion
of a Series A financing round totaling $4,000,000. The lead
investor was Boston-based Oxford Bioscience Partners. Scion
uses an integrated strategy of functional genomics, chemistry
and high-throughput electrophysiology (HTEP) to discover
drugs for the treatment of cardiovascular and central nervous
(CNS) system disorders.
WALTHAM,
Nov. 6, Eigner announced that it has received a $17
million investment from Ampersand Ventures. The funds will
be used to continue the company's product development and
customer support initiatives. Founded in 1985, the company
is a global provider of precision product lifecycle management
(PLM) solutions.
WESTFORD,
Nov. 7, Captivate Network, Inc., North America's
largest elevator media network, delivering programming and
advertising to business professionals, announced that it
has closed a fourth round of equity financing for $17 million,
bringing the total investment to $100 million. ABS Capital
Partners and OVP Venture Partners took the lead on this
latest investment round.
WESTBOROUGH,
Nov. 13, OPEN (OpenService, Inc), announced that
$1.2 billion IT management solutions provider VERITAS Software
(NASDAQ: VRTS) has taken an equity stake in the company,
and that it is acquiring VERITAS's NerveCenter network management
technology. At the same time, OPEN has received a $6 million
second round of equity financing, led by Zesiger Capital
Group, LLC, with new investor 1to1 Venture Partners, LLC,
and participation from other existing investors.
GREAT
BARRINGTON, Nov. 15, HotRoof, Inc. announced it has
received additional financing from its existing investors.
The latest round of financing, which totals $825,000, will
be devoted to additional product development and sales efforts
for HotRoof's media customization software, StreamWriter.
Davenport Capital Ventures led the group of investors. The
round also included contributions from existing investors
Village Ventures and Flavin, Blake & Co.
WALTHAM,
Nov. 15, Gómez, Inc., the Internet Quality
Measurement firm, announced a financing round of $3.5 million
to fund future growth. The round was led by existing investor
Dolphin Communications Partners of New York. Also participating
were Softbank Finance and Morningstar Japan. Gómez
provides customer experience measurement services to help
firms build successful e-businesses.
NEWTON,
Nov. 19, AMICAS, Inc., a provider of Web-based medical
image management systems, announced it has secured $9 million
in third round financing. Canaan Partners of Rowayton, Connecticut
and Menlo Park, California led the funding round. AMICAS
has raised more than $21 million since May 2000.
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