aPriori Technologies Obtains $6,000,000 New Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d82e5eed-d3f7-49a2-808c-95aaeae44494
Date
7/26/2013
Company Name
aPriori Technologies
Mailing Address
200 Baker Avenue Concord, MA 01742
Company Description
aPriori is a venture-backed company developing an innovative platform of cost management software solutions for the discrete manufacturing industry. aPriori’s patent-protected Cost Management platform was originally developed in tight collaboration between the University of Illinois, Urbana-Champaign and a Fortune 100 manufacturing company.
Website
http://www.apriori.com
Transaction Type
Venture Equity
Transaction Amount
$6,000,000
Transaction Round
Undisclosed
Proceeds Purposes
aPriori will also leverage this investment to expand our sales and services organization, and capitalize on the growing global opportunities we see emerging in key industry verticals such as automotive and aerospace.
M&A Terms
Venture Investor
Sigma Prime Ventures
Venture Investor
Undisclosed