The
Texas Women Ventures Fund (TWVF) invested in Karlee in June 2006. TWVF was the
lead investor in a $2.3 million sub-debt round.
CapSource and CapSource 2000 Funds also invested in this round.
Karlee
is a privately owned, woman-led company located in Garland, Texas. The
company currently employs 335 team
members and, with the new capital infusion, that number is expected to
exceed 500.Karlee is a
manufacturer and integrator providing integrated enclosures, sheet metal
fabrication, precision machining, cabling, electromechanical assembly and
process coating to a customer base of
primarily Fortune 500 companies in the medical, semi-conductor, telecommunications,
commercial, nuclear and defense industries.
Karlee
is the hallmark of quality, illustrated by its Malcolm Baldrige National
Quality Award received in 2000 as well
as preferred supplier labels from Applied Materials, Abbott Laboratories,
Fujitsu Network and Alcatel Communications.
Karlee ranked
seventeenth among the top one hundred small businesses in Texas during
2005 and was ranked the seventh largest woman-owned business in DFW in
2004.
For
more information, visit www.karlee.com.