Long Island Company Nets Venture Capital Cash

Summary


One Long Island company has scored $7 million in venture capital funding in the fourth quarter, the only venture money invested locally last year, according to an industry report.

Aviary Inc. in Hewlett, which offers web-based software for image and audio editing, nabbed the funds, one of 66 companies that got venture money in the New York metro area in the last three months of the year, according to the MoneyTree Report by PricewaterhouseCoopers.

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Long Island Company Nets Venture Capital Cash

Like the Island, the New York metro area saw a resurgenc...

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