Passport Systems Inc. Receives $2,670,000 New Funding

  • Feed Type
  • Date
    6/30/2008
  • Company Name
    Passport Systems Inc.
  • Mailing Address
    70 Treble Cove Road, 1st Floor Billerica, MA 01862
  • Company Description
    Passport was founded in December 2002 with the express purpose of commercializing NRF technology to solve one of the world’s most pressing security problems, the non-intrusive inspection of cargo containers.
  • Website
    http://www.passportsystems.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $2,670,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Massachusetts Technology Development Corporation
  • Venture Investor
    Shiprock Capital
  • Venture Investor
    Topspin Partners