Impeva Labs takes $10M for transportation tracking
A step beyond RFID trackers, the “global asset visibility services” that Impeva Labs offers are used for close tracking of valuable assets as they’re shipped or deployed around the globe. The company just raised a $10 million second round to expand.
Impeva makes the Global Sentinel Unit, a single electronic platform that includes several sensors and communication devices as well as an interface to be used in conjunction with other devices. The GSU performs four functions: Tracking, tracing, monitoring and security.
The company handles assets for both military and commercial operations, installing the GSU on either equipment and goods or the actual units used for shipping, like shipping containers and trucks.
The backers for the round included NTT Leasing, although others were not announced. Impeva is based in Mountain View, Calif.
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About the Author, Chris Morrison
Chris Morrison writes about cleantech and environmental issues for VentureBeat, with occasional forays into gaming and semantic technology. He got his start writing about tech for Business 2.0 magazine, but quickly realized new media was the ticket when that institution closed its doors in 2007. Chris has also covered public equities and regulatory issues. He originally hails from southern Virginia, graduated from Evergreen State College in Washington, and now lives in San Francisco.