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AeroScout Raises $16 Million For Real-Time Location Technology

November 4th, 2010 11:22 admin Leave a comment Go to comments

AeroScout announced today that it has secured another $16 million in venture financing for its “Real-Time Location System” (RTLS) and to grow the adoption of its Wi-Fi RFID solutions.

New investor Evergreen Venture Partners led the round, and all of AeroScout’s existing investors, namely Cisco, Greylock Partners, Intel Capital, Menlo Ventures, Pitango Venture Capital and Star Ventures, participated in the round.

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Source: AeroScout Raises $16 Million For Real-Time Location Technology

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