Awarepoint finds $13.3M for location-pinpointing platform
Location systems developer Awarepoint raked in $13.3 million in fourth-round financing to expand its domestic and international presence in the radio frequency identification (RFID) space. The San Diego company’s platform, utilizing this technology, is able to track the precise location and movement of people and things.
Cardinal Partners led the round, which also included Venrock and Avalon Ventures. Now five-years old, Awarepoint previously raised about $8 million.
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About the Author, Camille Ricketts
Camille is the lead writer for GreenBeat. She came to VentureBeat from Google where she worked on its traditional platforms team, particularly in TV. Before that, she was a reporter for the Wall Street Journal in New York and London. Follow her on Twitter at @camillericketts, and follow VentureBeat on Twitter at @venturebeat.
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