ISC Raises $11 Million

Interactive Supercomputing Inc. of Waltham, Mass. has raised $11 million in Series B funding. Ascent Venture Partners led the deal, and was joined by Fletcher Spaght Ventures and return backers Flagship Ventures, Rock Maple Ventures and CommonAngels. The company has now raised $18 million in total VC funding. The company developers software that helps scientists, engineers and analysts build algorithms and models on their desktops using familiar mathematical tools, and then run them instantly and interactively on parallel computers with little to no modification.

PRESS RELEASE
Interactive Supercomputing, Inc. (ISC) received $11 million in new financing from current and new venture capital investors. Ascent Venture Partners, a new ISC investor, led the round, joined by Fletcher Spaght Ventures and current ISC investors Flagship Ventures, Rock Maple Ventures and CommonAngels. The new round brings ISC's total funding to $18 million.

The new financing will enable ISC to extend the company's Star-P