Tego Garners $2,139,600 New Funding Round

  • Feed Type
  • Date
    5/3/2011
  • Company Name
    Tego
  • Mailing Address
    375 Totten Pond Road Waltham, MA 02451
  • Company Description
    Tego is a fabless designer and producer of passive RFID tags with substantially higher memory and functionality than that offered by any competitor. Our proprietary RFID tag architecture incorporates recent advances in memory design and power management resulting in a passive (UHF) RFID tag with thousands of times the memory of competitive products and the ability to be read by any EPC compliant commercial reader.
  • Website
    http://www.tegoinc.com
  • Transaction Type
    Debt
  • Transaction Amount
    $2,139,600
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed. Amount may include options, warrants or other rights to acquire other securities. SEC regulatory filing.
  • M&A Terms
  • Venture Investor
    Undisclosed