Thursday, February 9, 2006

CoMeT Solutions Finds $3.5M

Albuquerque, New Mexico-based CoMeT Solutions (CSI) said today it has raised $3.5M in Series A funding from Flywheel ventures, Fort Washington Capital Partners Group, ITU Ventures, and New Mexico Private Investors, an angel group. CoMeT is developing software for virtual product engineering, used to prototype products and replace the cost of physical prototype testing. The company's products are based on research from the High Performance Computing Center at the University of New Mexico in Albuquerque. More information »