November 4th, 2010

AeroScout Raises $16 Million For Real-Time Location Technology

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→ Read More