Xconomy | San Diego - Business + Technology in the Exponential Economy

AwarePoint Corporation Obtains $13,300,000 Series D Funding Round

  • Feed Type
  • Date
    11/25/2008
  • Company Name
    AwarePoint Corporation
  • Mailing Address
    225 Broadway San Diego, CA 92101
  • Company Description
    In 2002, the founders of Awarepoint™ recognized that despite the tremendous potential of active RFID technologies to improve operational efficiency in medium and large businesses, there were no solutions on the market that offered good performance and were simultaneously affordable.
  • Website
    http://www.awarepoint.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $13,300,000
  • Transaction Round
    Series D
  • Proceeds Purposes
    Funds will be used as expansion to take advantage of the rapid demand for RTLS in both domestic and international markets and to fuel Awarepoint’s momentous growth.
  • M&A Terms
  • Venture Investor
    Cardinal Partners
  • Venture Investor
    Venrock
  • Venture Investor
    Avalon Ventures

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