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Article: Virtual Ink Secures Venture Financing From CMG@Ventures; @Ventures III Investment to Support Company's Revolutionary "Virtual Whiteboarding" Technology.
- Article from:
- Business Wire
- Article date:
- November 5, 1998
CopyrightCOPYRIGHT 1998 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ANDOVER, Mass.--(BUSINESS WIRE)--Nov. 5, 1998--@Ventures III, the affiliated venture capital arm of CMGI (NASDAQ:CMGI), today announced an investment in Virtual Ink (http://www.virtual-ink.com), a newly launched company focused on the development of Digital Meeting Assistant(tm) (DMA) technologies. Through its DMA products, Virtual Ink empowers companies to manage and share information in real-time, resulting in more effective, comprehensive communications throughout an organization. As part of the investment, CMG@Ventures will receive a seat on the Virtual Ink Board of Directors; specific financial terms of the agreement were not disclosed.
Based in Cambridge, ...
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