Factory Logic Secures Funding of $8 Million

"Factory Logic, the leading provider of lean solutions that meet the needs of the Customer Demand-Driven Factory, announced today that it has completed an $8 million round of funding with investments from Adams Capital Management, SAP Ventures and several other private investors. As part of this investment, the Factory Logic Board will be enhanced with future appointments of lean manufacturing industry experts. The new funding will enable the company to advance and extend Factory Logic's product suite and further augment its sales and professional services groups."