Reva Systems, a Chelmsford, MA-based provider of RFID infrastructure software, says it has raised $5 million from previous investors and named Bruce Berger its new CEO. Berger is a former chief executive of North Grafton, MA, optical fiber provider Verrillon, and he takes over for acting Reva Systems CEO Ashley Stephenson. Stephenson will remain chairman of Reva Systems, which he co-founded in 2004, company spokeswoman Pamela Nelson says. The financing was led by previous backers North Bridge Venture Partners and Charles River Ventures, both of which have offices in Waltham, MA.
Author: Ryan McBride
Ryan is an award-winning business journalist who contributes to our life sciences and technology coverage. He was previously a staff writer for Mass High Tech, a Boston business and technology newspaper, where he and his colleagues won a national business journalism award from the Society of American Business Editors and Writers in 2008. In recent years, he has made regular TV appearances on New England Cable News.
Prior to MHT, Ryan covered the life sciences, technology, and energy sectors for Providence Business News. He graduated with honors from the University of Rhode Island in 2001 with a bachelor’s degree in communications. When he’s not chasing down news, Ryan enjoys mountain biking and skiing in his home state of Vermont.
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