Omni-ID Garners $21,000,000 New Financing

  • Feed Type
  • Date
    1/19/2016
  • Company Name
    Omni-ID
  • Mailing Address
    1200 Ridgeway Avenue Rochester, NY 14615 USA
  • Company Description
    At Omni-ID, innovation is everything. It’s what separates us from the world of conventional RFID thinking. It’s what enables our products to meet the real-world challenges of asset tracking, supply chain management, and other important applications that are embracing the transformation of RFID.
  • Website
    http://www.omni-id.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $21,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    This investment will continue to fuel our growth with additions to the engineering and global sales teams allowing us to keep up with the strong demand for our products and solutions. Additionally, to support our growing customer base, we will be opening new offices in Germany and India in the coming weeks — adding to our current US, UK and China locations.
  • M&A Terms
  • Venture Investor
    Trillium Group
  • Venture Investor
    Stonehenge Growth Equity Partners
  • Venture Investor
    GE Ventures