Tuesday, July 1, 2008

Apprion Gets Investment From Motorola

Moffett Field-based Apprion has scored a strategic investment from Motorola, from its Motorola Ventures venture capital arm, Motorola said Tuesday. Amount of the investment was not disclosed, however Apprion said it has now raised over $23.5M from its investors. Apprion is a provider of systems for the industrial plant market, providing wireless applications and hardware. Apprion has previously raised funding from Anvil Investment Associates LP, CTTV Investments LLC, the venture capital arm of Chevron Technology Ventures, Advanced Technology Ventures (ATV) and Allegis Capital. More information »