EPAC Technologies raises $40,000,000

EPAC Technologies, Inc., a developer of digital printing automation technology, announced the initial closing of an over-subscribed $40 million C round of equity financing. EPAC develops automation technology for digital printing. EPAC operates on a service model, focusing on the elimination of waste in its customer book and collateral supply chain. This runs from the management of content to the engineering of automated systems. By using EPAC’s technology, customers can virtually eliminate inventory and obsolescence.