Friday, January 6, 2012

Mechanical Engineering Community GrabCAD Grabs $4 Million

grabcadGrabCAD, which operates a community for (and founded by) mechanical engineers, where they can share knowledge and collaborate on CAD models, projects and whatnot, has raised $4 million in Series A to add to its its $1.1 million seed round from back in June 2011. The Series A round was led by previous investor Matrix Partners; the firm's David Skok will be taking a board seat. Other existing backers such as Atlas Venture also participated.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/Hbx5yO15vsc/

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