Xconomy Boston

BEZ Systems Secures New Funding

Robert Buderi12/1/08

BEZ Systems, a Boston maker of software that helps companies model, predict, and get around database workload problems, announced today that it has raised undisclosed funding as an extension of its Series D financing. The company raised $2 million in January. The new round was led by Ascent Venture Partners, with participation from Velocity Equity Partners and the Massachusetts Technology Development Corporation, all previous investors. BEZ said the funds will be used to strengthen product virtualization support and channel development.

Bob is Xconomy's founder and editor in chief. You can e-mail him at bbuderi@xconomy.com, call him at 617.500.5926, or follow him on Twitter at http://twitter.com/bbuderi.

Related Topics

Add Your Thoughts

You will have 10 minutes to edit your post after you press publish.

Comments may be edited for clarity and length, rejected, or deleted.
By clicking "Publish," you are agreeing to these Terms and Conditions.

    

Business, life sciences, and technology news — covering Boston, Seattle, San Diego, Detroit, San Francisco, New York and beyond.

© 2007-2012, Xconomy, Inc. Xconomy is a registered service mark of Xconomy, Inc. All rights reserved.

Site produced by Andrew Koyfman with design from Rob Hunter.