Blue Cod Tech Catches $8M

Marlborough, MA-based Blue Cod Technologies, a provider of outsourcing services and hosted policy administration software for the insurance industry, has raised $8 million in follow-on financing, according to a press release. General Electric Pension Trust led the financing, which included an investment from previous backer Edison Venture Fund, of Lawrenceville, NJ. The funding will help Blue Cod expand its development, sales, and operations, according to the press release.

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.