VCs and RFID - More News

Filed in archive Market Size on December 16, 2005

RFID continues to attract investment money for the chip/tag providers (in case you were wondering about the attractiveness of the RFID market). Two different fundings were announced just in the past two days:

• Impinj Inc., a Seattle-based a Seattle-based fabless semiconductor company focused on RFID solutions for supply chain and logistics automation, has raised $26.5 million in fourth-round funding. GF Private Equity Group led the deal, and was joined by VentureTech Alliance and return backers arch Venture Partners, Madrona Venture Group, Mobius Venture Capital, Polaris Venture Partners, Unilever Technology Ventures, UPS Strategic Enterprise Fund and the Viterbi Group.


• Inside Contactless, a France-based provider of chips and hardware platforms related to 13.56 Mhz contactless technology, has raised 9 million euros in new VC funding. Sofinnova Ventures, Vertex Venture Capital and Visa International were joined by return backers GIMV, Vertex Signapore and Siparex.