Tego Taps $6 Million for Tags

11/1/07Follow @bbuderi

Tego, a Waltham, MA-based developer of high-memory RFID tag solutions for the aerospace, defense, and transportation markets, announced today that it had closed a $6 million Series A round led by Bainco International Investors of Wellesley, MA. Tego was formed in 2005. According to its website and press release, its products allow for storing and managing large amounts of data on passive RFID tags for such purposes as supply chain management, asset tracking, and security and authentication.

Bob is Xconomy's founder and editor in chief. You can e-mail him at bbuderi@xconomy.com, call him at 617.500.5926. Follow @bbuderi

By posting a comment, you agree to our terms and conditions.