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Apriso Wins Boston-Power

socalTECH

Long Beach-based Apriso , a developer of software used for managing manufacturing operations, reported today that it has been selected by Boston-Power. The firm said that Boston-Power is using its FlexNet software to enhance its manufacturing operations and quality assurance program. Both Boston-Power and Apriso are venture backed companies, with Boston-Power backed by Foundation Asset Management, Oak Investment Partners, Venrock, GGV Capital and Gabriel Venture Partners.

Apriso: Strong Growth From Cleantech, Recovery of Economy

socalTECH

Long Beach-based Apriso , a privately held firm developing manufacturing software, said today that it saw "strong customer growth" in the quarter from manufacturers in the solar, fuel cell, and battery industries. However, the company said it is seeing a sign of recovery in the global economy and its customers, both in clean technology and with traditional manufacturers. Apriso's software is used for managing supply chains.

Interview with Fouad ElNaggar, Redpoint Ventures

socalTECH

We've made over 30 investments in Southern California, and that's just in Redpoint, and doesn't include all of the investment we made as Brentwood Venture Capital since the late 70's. We can also write checks as large as $35M out of the Omega Fund.

Reflections on 2016: Jeb Spencer, TVC Capital

socalTECH

Here, we have the thoughts of Jeb Spencer of TVC Capital (www.tvccapital.com), a software focused growth equity fund, and has had some great success in the market. Jeb Spencer: We closed our nineteenth and twentieth software focused growth equity investments this year, a significant milestone for our firm. Our twentieth deal was a $15 million growth equity investment in Seattle based software firm BitTitan, currently rated the number one place to work in Seattle.