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Article: Four Pi secures more funds, gears up for manufacturing. (company profile)
- Article from:
- San Diego Business Journal
- Article date:
- December 19, 1988
- Author:
CopyrightCOPYRIGHT 1988 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 secures more funds, gears up for manufacturing
Four Pi, a Rancho Bernardo high-tech firm, secured a second round of venture capital financing this month for $1.5 million.
The four venture capital firms that participated in the round -- Paragon Partners; Weiss, Peck & Greer; Fairfield Venture Partners and 3i Ventures, all of California and Colorado's Columbine Venture Funds Ltd. -- also contributed $3.6 million to the company in 1987.
The new round of capital will help the company gear up for the manufacturing of its product, a three-dimensional automated X-ray system that inspects printed circuit boards.
"We're no longer a ...