Blackstone Steps Up Life Science Efforts With New Funding, Management Team | GenomeWeb

Backed by $12.6 million in new funding and a revamped management team, Blackstone Technology Group said it plans to refocus its efforts on the life sciences market and offer several new software products in 2001.

Last week, the Worcester, Mass.-based company best known for its compute cluster consulting services closed a $12.6 million Series B round of venture financing led by Ampersand Ventures. Co-investors in the funding included Softbank Investment, Garfly Invest AG, Itochu International, and Synopsys.

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