X

Proficiency snags $27.4 million

Proficiency said Monday it raised a $27.4 million third round of funding led by Carmel Ventures. Other investors included Genesis Partners, Lehman Brothers, Koor Corporate Venture Capital, Polaris Venture Capital and previous investors Charles River Ventures and Eucalyptus Ventures. The Marlborough, Mass.-based company has raised a total of $37 million, and received a 36 percent increase in valuation with this latest round. Proficiency software allows design teams of manufacturers and suppliers to collaborate on product designs. See complete list.

Dawn Kawamoto Former Staff writer, CNET News
Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.
Dawn Kawamoto
Proficiency said Monday it raised a $27.4 million third round of funding led by Carmel Ventures. Other investors included Genesis Partners, Lehman Brothers, Koor Corporate Venture Capital, Polaris Venture Capital and previous investors Charles River Ventures and Eucalyptus Ventures. The Marlborough, Mass.-based company has raised a total of $37 million, and received a 36 percent increase in valuation with this latest round. Proficiency software allows design teams of manufacturers and suppliers to collaborate on product designs.

See complete list.