Monday, August 28, 2006

Psytechnics Raises Venture Capital - Boston

Psytechnics, a Boston-based provider of voice, video and multimedia assessment for mobile, fixed and converged network service providers, announced that it has raised an undisclosed amount of funds in a new round of venture capital. Investors in the deal include 3i, GIMV, NIF, NVP and BT. The new funds bring the total of venture capital raised by Psytechnics to more than $20 million, the company said. Also on Monday, Psytechnics named Benjamin Ellis as its vice president of global marketing. Prior to joining Psytechnics, Ellis was at Juniper Networks, where he was director of strategic marketing and communications.


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