BriefsAnvil Informatics Receives $3.5 M 1st Round VC Financing
LOWELL, Mass., Jan. 10 /PRNewswire/ AnVil Informatics, Inc., announced today that it has completed its first round of venture capital financing with three leading venture capital firms: Seaflower Ventures, Mason Wells Biomedical Fund, and Applied Genomic Technology Capital Funds. This investment will be used to expand AnVil's business management team and technical staff as well as to accelerate the development of its software tools and to enhance its data discovery and exploration platform. The expanded staff and enhanced data exploration software will enable the company to meet the rapidly growing demand for AnVil's data mining, analysis and visualization services and software. AnVil Informatics is a data exploration company providing professional services and software for data mining, analysis and visualization to leading pharmaceutical, biotechnology and genomics companies. AnVil was organized in 1999 and incorporated in March of 2000. AnVil's technology was developed over a seven-year period by Dr. Georges Grinstein, Dr. Patrick Hoffman, and Dr. Kenneth Marx, while at the University of Massachusetts/Lowell. AnVil is located in Lowell, part of the greater Boston area and adjoins the University of Massachusetts/Lowell campus. Boston is considered the center for research and development in biotechnology and is at present the location of over 400 biotech and genomics companies, making it an attractive market for AnVil's products and services. see Anvil Informatics
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