Concord, MA-based SpaceClaim, a maker of software for 3D direct modeling, announced today that it has raised $7 million in a deal led jointly by return investors including Borealis Ventures, Kodiak Venture Partners, Needham Capital Partners, and North Bridge Venture Partners. On the market since 2007 and now in their fourth release, SpaceClaim’s products are designed to enable engineers and industrial designers toe easily create and edit solid models and to adapt their 3D designs for analysis, prototyping, and manufacturing.
Author: Rebecca Zacks
Rebecca is Xconomy's co-founder. She was previously the managing editor of Physician's First Watch, a daily e-newsletter from the publishers of New England Journal of Medicine. Before helping launch First Watch, she spent a decade covering innovation for Technology Review, Scientific American, and Discover Magazine's TV show. In 2005-2006 she was a Knight Science Journalism Fellow at MIT. Rebecca holds a bachelor's degree in biology from Brown University and a master's in science journalism from Boston University.
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