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Article: Four Pi draws new capital; H-P endorsement. (Four Pi Systems Corp.) (company profile)
- Article from:
- San Diego Business Journal
- Article date:
- April 13, 1987
- Author:
CopyrightCOPYRIGHT 1987 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Four Pi draws new capital; H-P endorsement
Four Pi Systems Corp., a Rancho Bernardo technology venture with only six employees, jetted out of the starting gate last week with $3.6 million in new capital and a critical endorsement from one of the nation's largest electronic manufacturers.
Founded only a year ago by five defectors of San Diego-based IRT Corp., Four Pi made a big splash at a November financial forum, winning itself commitments for $1.5 million from four venture firms. But last week, company officials said they closed on $3.6 million -- about $1 million more than they originally sough to raise -- due to stronger-than-anticipated interest in ...