Friday, March 31, 2006

CMGI's Venture Arm Gets $6 Million from Sale of Portfolio Company - Waltham, MA

CMGI, a Waltham-based provider of supply chain management technology, announced that its venture capital arm, @Ventures, has received $6 million in cash from the sale of Realm Business Solutions, a portfolio company in which @Ventures held a minority interest. Realm licenses software to the commercial real estate industry that supports asset valuation, budgeting and forecasting, property management, and lease management. Insight Venture Partners and Lightyear Capital acquired the company.

http://www.cmgi.com/news/prdata/realmacquired.shtml

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