deals, IT, Software
$5 Million for Inmagic
Rebecca Zacks 12/18/07
Woburn, MA-based Inmagic, which makes softwares that companies used to manage online and offline libraries, announced it had received a $5 million investment from New Jersey-based Edison Venture Fund. The deal is not your typical startup financing–Inmagic was founded in 1982 by an expert in library scientist and a technologist from MIT.
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