Tuesday, January 20, 2004

Avexus Finds Additional $1.2M

San Diego-based Avexus (www.avexus.com) has closed a Series B round of $9.7M. Funding came from Red Rock Ventures and Centre Palisades Ventures. Laura Brege of Red Rock will join the board. The extension of its round follows the announcement of the original Series B closing of $8.5M in November. Avexus is developing software for enterprise asset management and enterprise resource management, focused on helping manufacturers plan and manage maintenance and manufacturing.

---