Wednesday, May 23, 2007

Envista raises first round of venture capital - Beverly, MA

Envista, a Beverly-based, startup provider of software for managing business infrastructure assets, has raised $5.8 million in its first round of venture capital, according to a report in PE Week Wire on Tuesday. Investors in the company include Borealis Ventures, Egan-Managed Capital and Point Judith Capital. Envista formerly announced its launch last week. The company develops software for the strategic and financial management of built infrastructure assets, designed for utilities, government institutions, defense agencies, and other companies that build, manage, or maintain infrastructure.


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