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From the Boston Globe Business Team

SupplyScape raises $10 million

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September 6, 2007 10:22 AM

SupplyScape Corp. announced today the appointment of a new chief executive, Mark O'Connell, and added that it has completed a $10 million round of Series C financing.

The Woburn-based company provides software and services that improve patient safety, increase efficiencies, and maximize revenue opportunities for life-sciences companies.

O'Connell, whose titles include president and chief executive, was previously chief executive of MatrixOne of Lowell, a product-lifecycle-management firm that was acquired last year by Dassault Systemes S.A. of France, SupplyScape said.

SupplyScape said that all current investors, including IDG Ventures Boston, North Bridge Venture Partners, which has offices in Waltham, and Pilot House Ventures LLC of Boston, "participated fully in this round of funding."
(By Chris Reidy, Globe staff)

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