Short Take: Radnet raises $40 million

Radnet, a start-up company that makes groupware for the Web, has received $40 million in venture capital financing from Warburg, Pincus Ventures. It is the company's second round of venture capital and will be used to continue developing its WebShare technology, the company said.

Feb. 11, 1997 4:15 p.m. PT

, a start-up company that makes groupware for the Web, has received $40 million in venture capital financing from Warburg, Pincus Ventures. It is the company's second round of venture capital and will be used to continue developing its WebShare technology, the company said.