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The 1978 Charles River Dam, located behind the TD Garden, controls the water level in the river basin.An earlier dam (see Charles River Dam Bridge), located beneath the Museum of Science, was completed in 1910 with the purpose of creating a fresh water river basin and riverfront park in Boston and Cambridge.
The firm has raised over $4.3 billion since inception across 18 funds. Upon closing of the 16th fund, the firm rebranded to CRV. [1] Prior to that, CRV's 15th fund closed in February 2012 with $375 million of investor commitments. [2]
The Charles River (Massachusett: Quinobequin), sometimes called the River Charles or simply the Charles, is an 80-mile-long (129 km) river in eastern Massachusetts.It flows northeast from Hopkinton to Boston along a highly meandering route, that doubles back on itself several times and travels through 23 cities and towns before reaching the Atlantic Ocean. [1]
In March 2021, Charles River announced the acquisition of Retrogenix for $48 million. [33] In May 2021, Charles River announced the acquisition of Vigene Biosciences, a gene therapy contract development and manufacturing organization (CDMO), for $292.5 million. [34] In April 2022, the company announced it would acquire Explora BioLabs. [35]
In 2018, State Street completed its acquisition of Charles River Development, a Burlington, Massachusetts provider of investment management software. [42] The deal closed October 1, 2018, at a cost of approximately $2.6 billion that will be financed by the suspension of share repurchases and the issuing of common and preferred equity. [43]
The Upper Charles River Reservation is a Massachusetts state park encompassing portions of the banks of the Charles River between the Watertown Dam in Watertown and Riverdale Park in Dedham and the West Roxbury neighborhood of Boston. [2] The park is managed by the Massachusetts Department of Conservation and Recreation. It includes land in the ...
(Old) Charles River Dam Bridge: Route 28 (Charles River Dam Rd) 1910 25 meters (82 ft) [1] The Boston Museum of Science is located on this bridge Longfellow Bridge: Route 3 (Main St/Cambridge St) MBTA Red Line: 1907
The lower 9-mile (14 km) portion of the watershed known as the "Charles River Basin" was created in 1910 with the construction of a dam across the mouth of the river. There was no dependable means of discharging river flood flows into Boston Harbor, since the dam relied on gravity flow with the sluice gates operating only at low tide.