Loctronix Completing $3.5M Series B Financing

6/26/08Follow @gthuang

Woodinville, WA-based Loctronix has announced it is closing a $3.5 million round of Series B financing, and is coming out of stealth mode. The round was led by Hawkeye Investments, based in Kirkland, WA. Loctronix provides location-sensing and positioning systems for mobile devices.

Gregory T. Huang is Xconomy's Deputy Editor, National IT Editor, and the Editor of Xconomy Boston. You can e-mail him at gthuang@xconomy.com. Follow @gthuang