Macmillan-owned Nature Publishing Group is to invest in Relay Technology Management, US-based software developers for the biotechnology and pharmaceutical industry.

UK-based Nature Publishing Group (NPG) announced today that the scientific and medical publishing company (which produces Scientific American) will commit funding to Relay Technology Management (RTM). RTM is a specialist software analytics company based in Boston, USA.

NPG is a subsidiary of London-based Macmillan Publishers, which in turn is owned by Verlagsgruppe Georg von Holtzbrinck, a Stuttgart-based publishing holding company. NPG’s Scientific American is the oldest continuously published magazine in the US, first produced in 1845.

RTM builds analytic…