Dallas, June 23, 2014 - TWV Capital Management (TWV Capital) announces the closing of a $2.5 million investment by Texas Women Ventures Fund II, L.P. and Texas Women Ventures Fund-Side, L.P. (“TWV”) in entegra technologies, inc. (“entegra”), the industry leader in customizable, modular tablets. The closing took place on June 12, 2014.
entegra will use this growth capital for the launch and initial production of its CrossfirePro™ tablets, a truly modular platform for commercial mobile tablet users. The CrossfirePro™ tablet is engineered to perform in all environments, indoors or out, hot or cold, wet or dry, and can be easily upgraded by swapping out individual pieces to incorporate new technology options. CrossfirePro™ is available for order now with deliveries beginning in July 2014.
“CrossfirePro™ is a dynamically different approach to the current tablet landscape,” said Shaunna Black, Managing Partner, Venture Pacific Group and TWV investor. “It solves a big issue facing enterprise IT and field project teams – the need to support different users and use cases with a common, secure platform. The CrossfirePro™ modularity allows the tablet to be uniquely tailored to meet the specific needs of each user group while making life simpler for IT with a single platform to manage.”
“entegra had numerous funding options, but we decided to partner with TWV Capital because they share our management team's vision for the company," said Steve Carpenter, CEO entegra. "We also believe that the industry expertise available from TWV Capital's advisory board will help us achieve our fast track growth plans and other business goals."
“We are pleased to further diversify TWV Capital’s portfolio by investing in a company with industry transforming products that solve critical technological needs of governmental and commercial users,” said Whitney Johns Martin, Managing Director of TWV Capital and co-founder of Texas Women Ventures. “We expect entegra’s experienced management team to continue to develop new technologies that make them an innovative leader in the mobile computing industry."
About entegra technologies inc.
Established in 2012, entegra is a design, engineering and manufacturing services company providing modular mobile computer devices (tablets) to military and commercial users in defense & public safety, healthcare, transportation, energy, retail and restaurant industries. entegra is headquartered in Plano, Texas and has a gender inclusive management team. For more information, visit entegra at: www.entegratec.com.
CrossfirePro™ is a trademark of entegra technologies inc. in the United States and other countries. All other trademarks are the properties of their respective owners.
About TWV Capital:
TWV Capital, a Dallas based private equity firm that provides growth capital through innovative capital solutions to private companies with inclusive management teams and ownership, is continuing to fulfill their mission to invest in gender inclusive companies. TWV Capital is unique in that they leave ownership and control with the current owners and management team. In addition to providing capital, TWV Capital offers an experienced team of over 100 industry and functional experts, entrepreneurs, and seasoned professionals who serve as trusted advisors and resources for portfolio companies. For more information, visit www.twvcapital.com.
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