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Oil Giant Invests in Actuality

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BURLINGTON, Mass., Oct. 22 -- Spatial 3-D visualization technology developer Actuality Systems Inc. received a $1.2 million investment from Apache Corp., an oil and gas exploration and development company based in Houston, as part of a $6.5 million series C funding round that included existing investors Navigator Technology Ventures and Rob Ryan, founder and former CEO of Ascend Communications. Actuality President and CEO Gregg Favalora said the financing will be used to continue the exploration and development of applications for it products in oil and gas, medical imaging and homeland...Read full article

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    Published: October 2004
    Actuality SystemsApacheAscend CommunicationsCommunicationsConsumerdefenseNavigator Technology VenturesNews & FeaturesSpatial 3-Dvisualization

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