Thursday, May 20, 2010
Apriso: Strong Growth From Cleantech, Recovery of Economy
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. The firm did not provide any actual financials. 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 reported its customers now include Boston-Power, Chevrolet Volt, Isuzu, and NGK Spark Plug Co. Apriso's software is used for managing supply chains. Apriso is venture backed by Brentwood Venture Capital, CMEA Ventures, LogiSpring Investment Fund SA, SAP Ventures, and Wall Street Technology Partners, although the firm has not publicly announced any kind of investment activity since 2006.