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Software

Our investments in Software companies have tracked the evolution of the software industry in Massachusetts, from mainframe and DOS to Web 2.0 and software as a service.   A few of our portfolio companies are profiled below.

Aspen Tech

AspenTech is the world’s leading supplier of software that optimizes process manufacturing. From its MIT and U.S. Department of Energy roots in the early 1980s, to the groundbreaking release of aspenONE V7 in 2008, AspenTech has been at the forefront of innovation in the process industries. With integrated aspenONE solutions, process manufacturers can implement best practices for optimizing their engineering, manufacturing, and supply chains. As a result, AspenTech customers are better able to achieve their operational excellence goals — increasing capacity, improving margins, reducing costs, and becoming more energy efficient. Today, AspenTech solutions are used by virtually every leading company in the process manufacturing industry. Over 75,000 users at over 1,500 companies rely on AspenTech. For over 25 years, AspenTech customers have achieved hundreds of millions in dollars in cost savings and performance improvements. Mass. Capital made three investments in Aspen Tech to support the company at various stages of its development.

Visit Website: www.aspentech.com

Curaspan Health Group

Curaspan Health Group is a national provider of secure Health Information Exchange and Patient Transition software and services.  The Company’s software and web-based services enable healthcare organizations to increase revenues, improve productivity, and reduce cost by eliminating the paper and manual workflow steps from the clinical and administrative responsibilities while ensuring regulatory compliance.  The Company’s web-based applications are delivered as Software as a Service (SaaS) to its customers.  Its flexible platform and interoperability with the leading HIS vendors (Meditech, McKesson, Cerner, Eclypsis, ACS-Midas+ and Epic) allow for a seamless integration and a rapid, cost effective deployment.  With its focus on customer support, client satisfaction, and strong ROI, Curaspan has realized an industry leading 98% customer retention rate throughout its ten-year history.  Curaspan’s client base includes many of the leading health care providers in the country including New York Presbyterian Health System, Dartmouth Hitchcock Alliance, Johns Hopkins Health System, Partners Healthcare, Medstar Health System and Sentara Healthcare System.  Leveraging the knowledge and “Best Practices” of these prestigious institutions has resulted in The Health Care Advisory Board designation as a “Best Practice for Patient Throughput” for the past four years.  Mass. Capital has made two investments in Curaspan to support the company’s growth.

Visit Website: www.curaspan.com