Seattle-based Impinj, a radio-frequency identification (RFID) systems developer, has raised $5.8 million in debt and options financing, according to a regulatory filing. The company, founded in May of 2000, received $14 million in venture funding in 2008, and later that year sold off its nonvolatile-memory intellectual property business for $5.2 million and acquired Intel’s RFID business in order to focus on tracking technology development. Impinj has been backed by a number of VC firms, including Madrona Venture Group, Samsung Ventures, and Unilever Technology Ventures, and was called out as the most exciting tech company in Seattle by Intellectual Ventures’ Patrick Ennis last year. A spokesperson from Impinj did not immediately respond to a request for comment.
Author: Thea Chard
Before joining Xconomy, Thea spent a year working as the editor of another startup, the hyperlocal Seattle neighborhood news site QueenAnneView.com. She holds a bachelor's degree from the University of Southern California, where she double-majored in print journalism and creative writing. While in college, Thea spent a semester studying in London and writing for the London bureau of the Los Angeles Times. Indulging in her passion for feature writing, she has covered a variety of topics ranging from the arts, to media, clean technology and breaking news. Before moving back to Seattle, Thea worked in new media development on two business radio shows, "Marketplace" and "Marketplace Money" by American Public Media. Her clips have appeared in the Los Angeles Times, the Santa Monica Daily Press, Seattle magazine and her college paper, the Daily Trojan. Thea is a native Seattleite who grew up in Magnolia, and now lives in Queen Anne.
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