Thursday, February 11, 2010
Apriso Claims Record 2009 Revenues
Long Beach-based Apriso, a developer of planning and control software for the manufacturing industry, reported Thursday that the firm had record revenues in 2009. The privately held firm did not disclose actual financials. According to Apriso, the record revenue came due to growth from had software license revenue, which it said increased 26 percent year to year. The firm said that its fourth quarter was even better, with a 35 percent, year to year increases in revenue for software licenses. The firm did not disclose overall growth rates. Apriso is venture backed by Brentwood Venture Capital, CMEA Ventures, LogiSpring Investment Fund SA, SAP Ventures, and Wall Street Technology Partners.