Wednesday, July 5, 2006

eProject Raises $6M

Seattle-based eProject has raised $6M in venture capital funding. The firm said last week that the funding closed out a $10.5M Series A investment from Kennet Venture Partners, LLC. Genevest also participated in the round, which included venture debt from SVB Capital. eProject is a provider of collaborative project management software. The company said that the investment was part of a re-capitalization of eProject. More information »