Deal Announcements

FirstBest Garners $6 Million Venture Capital Financing

Thursday, March 26, 2009 5:33:00 AM PDT | VentureDeal Staff

Bedford, Massachusetts  --  Software company FirstBest Systems has raised $6 million in its second round of institutional venture capital funding.

FirstBest says that it is a "software and services company providing advanced Underwriting Management Systems (UMS) to commercial insurance carriers."

Brookstone Partners was the lead investor in the round, which included Flybridge Capital Partners. The company did not disclose how it would use the funding proceeds.

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