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Actuality Adds $6.5 M Funding

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BURLINGTON, Mass., Oct. 13 -- Actuality Systems Inc., a developer of spatial 3-D display systems, announced it has secured $6.5 million in Series C financing from private individuals and institutional investors, including $1.2 million from new investor Apache Corp., an oil and gas exploration and development company. According to CEO Gregg Favalora, president and CEO of Actuality Systems, proceeds of the financing will be used to expand business development in the US and overseas and to add engineering staff and software development resources. "We're very encouraged," Favalora said, "by the...Read full article

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    Published: October 2004
    Actuality SystemsApachedefenseNews & Featuresoil and gas explorationPerspectaspatial 3-D display

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