BuildNet Inc., a computer system and software provider for the home building industry, announced Tuesday that it received a $35.7 million investment from GE Capital, GE Appliances, Societe Generale Capital Partners, Halifax BuildNet Investors, South East Interactive, Piedmont Venture Partners, BankBoston, and CIT Group/ Equity Investments.

BuildNet also said it would merge with four other privately held companies that offer software and systems to home builders: Maxwell & Co., FAST Management Group Inc., McCosker Corp., and Lloyd's.

BuildNet said the investment would enable it and its new divisions to expand their efforts to establish industry standards and build brands.

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