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Belmont Technology Closes $25 Million VC Funding

Wednesday, April 10, 2013 5:58:00 AM PDT | VentureDeal

Waltham, Massachusetts  --  Software technology company Belmont Technology has secured $25 million in new venture capital funding.

Belmont is developing new computer aided design (CAD) software technologies.

New Enterprise Associates led the round, which included previous investors Commonwealth Capital Ventures and North Bridge Venture Partners.

The company will reportedly use the capital to hire additional employees and continue product development.

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