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Vela Systems raises $6M in funding - Burlington, MA
September 2, 2010: Vela Systems, Inc., a provider of mobile field software for the architecture, engineering and construction (AEC) industry, today announced it has closed a $6 million Series B round of equity financing led by new investor Autodesk, Inc. (NASDAQ: ADSK). Series A investors Commonwealth Capital Ventures, GrandBanks Capital and individuals also participated in the round. Details of the transaction were not disclosed.
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