Wednesday, May 06, 2009

SeeWhy Raises $4.5 Million in Venture Capital - Andover, MA

SeeWhy, an Andover-based provider of software that helps retain website audiences, announced on Wednesday that it has raised $4.5 million in a venture capital deal. Participating investors include Scottish Enterprise, Scotland's main economic and investment agency; as well as existing SeeWhy investors Logispring, Pentech Ventures and Delta Partners. In connection with the Scottish Enterprise investment, SeeWhy has opened a software delivery and R&D center in Edinburgh. In addition, the company named Scott G. Silk as its CEO and Lou McNemany as its vice president of sales.


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