AeroScout Lands $12,000,000 New Funding Round

  • Feed Type
  • Date
    6/30/2008
  • Company Name
    AeroScout
  • Mailing Address
    1300 Island Drive Redwood City, CA 94065
  • Company Description
    AeroScout is the market leader in enterprise visibility solutions based on Wi-Fi and other wireless-networking standards. The AeroScout Visibility System utilizes the power of innovative positioning technology to provide real business benefits through real-time location (RTLS), active radio-frequency identification (Active RFID) and telemetry. Our partnerships with Cisco Systems, IBM Global Services and other leading technology providers have brought AeroScout hardware and software to over 100 customers in healthcare, manufacturing, logistics and other industries.
  • Website
    http://www.aeroscout.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $12,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Menlo Ventures
  • Venture Investor
    Pitango Venture Capital