Software firm redoubles overseas push. (Technology).THE $14 million equity investment received by Apriso Corp. will be plenty to carry the Long Beach software company to. its planned, but as yet unscheduled, initial public offering, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a company official. Apriso, which makes software for managing manufacturing and logistics, generated $21 million in revenues in 2000 and is operating at break-even status, said Nelson Nones, director of global marketing. Revenue figures for 2001 won't be available until the end of April. The company, a spinoff of Teledyne Technologies Inc., has raised $29 million in two funding rounds using money from the first round to take the business international. The company now operates 13 offices in 12 countries, and die new round will help fund an expansion into China and deepen the company's penetration in Europe and Japan. Nones said Apriso will hire staff to work in three major areas: bolstering its international sales presence, creating a domestic "software factory" to more quickly market the company's product, and creating relationships with consulting services. The second round was led by 75 Wall Street Technology Partners LP, a New Yorkbased fund of Dresdner Kleinwort Dresdner Kleinwort (DKIB) is the investment bank of Dresdner Bank AG, part of Allianz since July 2001. Headquartered in London and Frankfurt and with an international network including offices in the financial centres of New York and Tokyo, Dresdner Kleinwort provides a wide range Capital, and CMEA CMEA Council for Mutual Economic Assistance CMEA Cellular Message Encryption Algorithm CMEA Canadian Music Educators' Association CMEA Council for Mutual Economic Aid CMEA Certified Machinery Equipment Appraiser CMEA Colorado Music Education Association Ventures of San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden . The balance came from LogiSpring Investment Fund SA of Brussels and Brentwood Venture Capital of Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. . |
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