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Tech Industry

Xelus picks up $15 million

Xelus said Wednesday that it has raised $15 million in a third round of funding, led by Mellon Ventures. Previous investors Oak Investment Partners, Union Bank of Switzerland, Integral Capital Partners and Insight Capital Partners joined the round. Rochester, N.Y.-based Xelus' software is designed to enable companies to help move people and parts to needed locations. Some industries that use the software include the aircraft and utilities sectors. See complete list.

Xelus said Wednesday that it has raised $15 million in a third round of funding, led by Mellon Ventures. Previous investors Oak Investment Partners, Union Bank of Switzerland, Integral Capital Partners and Insight Capital Partners joined the round. Rochester, N.Y.-based Xelus' software is designed to enable companies to help move people and parts to needed locations. Some industries that use the software include the aircraft and utilities sectors.

See complete list.