Inside Long Island Business
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Bay Shore security company receives $12M in funding
Photo credit: Steve Pfost, 2011
A+ Technology and Security Solutions Inc., a surveillance systems company in Bay Shore, has received $12 million in venture capital funding from local firm Westbury Partners.
In return, Hauppauge-based Westbury Partners will receive a minority equity stake in A+ Technology, although the exact percentage was not disclosed. The two companies began discussing a possible investment this past October,...