Factory Funding

IT Factory raises next round of funding

CAMBRIDGE, MA -- December 20, 2000 -- VENTUREWIRE -- IT Factory, an international supplier of collaborative Internet business services, landed $4.3 million of funding. Danish venture capital firm BankInvest was the sole investor.


The company plans to use the funding to further develop its Lotus-based technologies and develop new technologies for Microsoft's exchange platform.  Initial funding came from 2M Invest, Gilde, and Den Danske Bank.

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