Wednesday, April 25, 2007

Apacheta Finds Follow On Funding

San Diego-based Apacheta said Wednesday that it has received a follow-on investment to its Series B funding round. The additional capital came from investor Palisades Ventures, and also included other undisclosed private investors. Amount of the additional funding was not disclosed. Apacheta develops mobile enterprise software for consumer packaged goods, manufacturing, 3rd party service & repair, telecommunications, and transportation industries. Apacheta said the new funds will go to accelerate sales, product development and marketing initiatives. More information »