Motorola invests in Apprion wireless technology

Venture capitalists join effort to expand industrial wireless in manufacturing

07/17/2008


Motorola Ventures,
"Over the last decade wireless technologies have radically changed how we live. Over the next decade, we expect to see wireless technologies transform manufacturing by the same magnitude," said John O'Donohue, managing director of Motorola Ventures. "Apprion delivers the right combination of technology, products, and industrial experience to uniquely address the wireless challenges of industrial customers. Both their growth trajectory and excellent track record demonstrate that the company is a driving force in industrial wireless solutions."
"We are delighted to be entering into a strategic relationship with Motorola," said Mike Bradley, CEO and president of Apprion . "Motorola is the industry standard in providing wireless solutions to manufacturing. Together, Motorola and Apprion will be able to forge a path for the next generation of integrated wireless networks and applications that will unlock plant performance while delivering enhanced safety and security."
Apprion has now raised more than $23 million to develop Chevron Technology Ventures , Anvil Investment Associates LP ,
Advanced Technology Ventures and Allegis Capital .





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