ProGlove Gets $40M In Growth Capital

ProGlove, a provider of industrial wearables, has landed a $40-million investment from the global growth equity firm Summit Partners to expand its international footprint. ProGlove specializes in a scanner glove designed to improve the efficiency and effectiveness of scanning processes used in manufacturing, logistics, transportation, e-commerce and retail. Its products are integrated into the factory and warehousing operations of such companies as Audi, BMW and Bosch.

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