VC-backed QuickPay acquires Nautical Technologies from ANAi Global

QuickPay Corp has acquired Nautical Technologies, the parking, transit and tolling technology division of Apps Network Appliances Inc. The financial terms of the deal were not disclosed. The merged company will now be known as LocoMobi Inc. Based in Oakville, Ontario, Apps Network Appliances, also known as ANAi Global, is a developer and designer of advanced networking communications. The San Francisco, Calif.-based QuickPay is backed by a number of U.S. venture capital firms, including A16Z Seed, Advanced Technology Ventures, Ecomobilite Ventures, IncWell and Fontinalis Partners.

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