Intelleflex Receives $11,500,000 Series A Round

  • Feed Type
  • Date
    12/14/2010
  • Company Name
    Intelleflex
  • Mailing Address
    2465 Augustine Drive Santa Clara, CA 95054
  • Company Description
    Intelleflex is a Silicon Valley company focused on the next generation of radio frequency identification (RFID) products and applications.
  • Website
    http://www.intelleflex.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $11,500,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    This new capital investment will be used to expand sales and marketing and accelerate key vertical-market initiatives with strategic partners in response to increased demand for the company’s solutions.
  • M&A Terms
  • Venture Investor
    Arcapita Ventures
  • Venture Investor
    New Venture Partners