Wednesday, May 16, 2007

SensorLogic Gets Strategic Investment From UPS

Dallas, Texas-based SensorLogic has scored a strategic investment in the firm, the company said Tuesday, from UPS Strategic Enterprise Fund. Amount of the investment was not disclosed. SensorLogic said that UPS joins its existing financial partners, Boston Millennia Partners, Sevin Rosen Funds, Hunt Ventures, STARTech Early Ventures, and Star Ventures in backing the firm. SensorLogic develops products for asset management and control, used for remote monitoring of equipment. More information »