Impinj, Inc. Secures $14,000,000 New Financing

  • Feed Type
  • Date
    1/22/2008
  • Company Name
    Impinj, Inc.
  • Mailing Address
    701 N. 34th Street Seattle, WA 98103
  • Company Description
    Impinj, Inc. is a fabless semiconductor company whose patented Self-Adaptive Silicon technology enables its two synergistic business lines: high performance RFID products and innovative semiconductor intellectual property (IP).
  • Website
    http://www.impinj.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $14,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    “This additional investment puts Impinj in an excellent cash position and will be used for continued development of item-level RFID products and technologies,” said William Colleran, president and CEO of Impinj. “We are also very excited by the additional business opportunities made possible by closer relationships with this group of respected and well-connected companies.”
  • M&A Terms
  • Venture Investor
    Samsung Ventures
  • Venture Investor
    Undisclosed