AwarePoint Corporation Obtains $10,000,000 Series E Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9f7a3f44-3040-40b8-99fa-6c8c193704af&Preview=1
Date
3/1/2010
Company Name
AwarePoint Corporation
Mailing Address
225 Broadway San Diego, CA 92101
Company Description
In 2002, the founders of Awarepoint™ recognized that despite the tremendous potential of active RFID technologies to improve operational efficiency in medium and large businesses, there were no solutions on the market that offered good performance and were simultaneously affordable.
Website
http://www.awarepoint.com
Transaction Type
Venture Equity
Transaction Amount
$10,000,000
Transaction Round
Series E
Proceeds Purposes
The capital infusion will be used to accelerate Awarepoint’s development of new technology, products and client success capabilities.
M&A Terms
Venture Investor
Jafco Ventures America Inc
Venture Investor
Cardinal Partners
Venture Investor
Venrock