Monday, June 18, 2007

SpaceClaim Raises $13.5 Million in Second Round - Concord, MA

SpaceClaim, a Concord-based developer of 3D mechanical design technology for manufacturers, announced on Monday that it has raised $13.5 million in its second round of venture capital, co-led by North Bridge Venture Partners and Kodiak Venture Partners. Other investors in the deal include Borealis Ventures and Needham Capital Partners. Founded in 2005, SpaceClaim offers software that allows engineers to "contribute to, consume, and share mechanical designs in a 3D digital form."


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