uParts, Inc disclosed the conclusion of its Series A investment round, headed by GRP Partners and Fraser McCombs Capital plus the participation of other prominent personalities in the automotive industry. The company started its operations from its base back in Irvine, California. It offered projected completion, procurement of electronic parts and communications using a spontaneous cloud-based policy catering to the collision repair industry.
uParts Founder, President and Chief Executive Officer Alex Adegan disclosed, "It is astounding that in the year 2013, the 20th anniversary of the World Wide Web, repair facilities are placing their part orders using 100 year old technologies - the phone & fax machine."
Mr. Adegan further added, "Can you imagine faxing a list of your destination cities to airlines, then waiting for them to call back with possible routes, pricing and availability? Our powerful and intuitive platform solves this problem by allowing all part orders to be placed with a single click."
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