Movie special effects company GenArts gets funding from Insight Venture Partners

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GenArts provides software to help video producers create high-quality special effects. The company today announced that Insight Venture Partners provided it with an undisclosed amount of funding earlier this year.

The Cambridget, Mass. company has also hired Katherine Hays as its new chief executive. Hays previously cofounded Massive, an in-game advertising company acquired by Microsoft in 2006.

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