RFID
Funding & Venture Capital

ClearCount Medical closes $5M in funding

ClearCount Medical Solutions, an innovator of patient safety solutions for operating rooms, has received a $5 million shot in the arm from Draper Triangle Ventures and other existing investors. The Series B financing will allow the company to drive market penetration and research and development of its RFID-based solutions for hospital patient safety applications. ClearCount [...]

Why the U.S. won’t fund RFID research

For those of you that didn’t see last week’s newsletter, here is the lead story. In March, Patrick Sweeney joined two dozen small business executives at the White House to watch President Obama sign a job stimulation bill for small businesses. As he stood in the Rose Garden, Sweeney, the CEO of ODIN technologies in [...]

Koa tree article feedback from around the globe

Received some great feedback from last week’s article about the use of RFID to tag individual Koa trees on a plantation on Hawaii. The RFID tree tracking database being developed by Hawaiian Legacy Hardwoods (HLH) will allow investors in the HLH Koa reforestation project to track and monitor the progress of their investment in real [...]

EU-funded project will demonstrate RFID use cases for small business

Last month, RFID technology got a boost when the Korean government indicated that it will require half of all pharmaceuticals to carry RFID tags by 2015. Now, RFID is getting a shot in the arm from the European Union. The EU is funding a project in six countries to measure the return on investment for [...]

Item-level provider TAGSYS raises $12M in venture funding

The investment community continues to channel cash into the RFID sector. The latest beneficiary, item-level RFID infrastructure provider TAGSYS, has pulled in $12 million from five investors. The announcement follows those from Alien Technology, which raised $10.9 million, and RTLS provider Awarepoint, which raised $10 million. TAGSYS marketing director Maria Kaganov says the new funding [...]

Alien raises $10.9M in venture capital; investment total just shy of $340M

There might be a menu upgrade in store for next week’s Alien Technology User Conference after Morgan Hills, Calif.-based Alien hauled in another $10.9 million in venture funding on Wednesday. The cash infusion is the company’s first since it raised $38 million in October 2008 during one of the mist difficult financial periods in U.S. [...]

Omni-ID pulls in $15M in VC funding

Money continues to flow into the RFID sector, with Omni-ID the latest recipient. The Foster City, Calif.-based firm announced its third round of funding today, securing $15 million from UK-based Cody Gate Ventures G.P. The funding marks Cody’s third investment in Omni-ID, and is triple the approximately $5 million it doled out in its first [...]

Money continues to flow into RFID; ThingMagic is latest to benefit

It’s a good sign for RFID technology that money continues to flow into the sector even during such poor economic times. ThingMagic today announced a strategic investment and technology development agreement with In-Q-Tel, the independent strategic investment firm that identifies innovative technology solutions to support the mission of the broader U.S. intelligence community.   The [...]

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