AeroScout Gets $16M Round

11/4/10

AeroScout in Redwood City, CA, raised $16 million in a round led by Evergreen Venture Partners, with previous investors Cisco, Greylock Partners, Intel Capital, Menlo Ventures, Pitango Venture Capital and Star Ventures participating, according to PE Hub. AeroScout makes a Real Time Location System that works with its Wi-Fi RFID system, primarily for healthcare companies. AeroScout raised $7 million in June 2009 and $12 million in June 2008.

Bruce V. Bigelow is the editor of Xconomy San Diego. You can e-mail him at bbigelow@xconomy.com or call (619) 669-8788 Follow @

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