AeroScout Raises $16 Million For Real-Time Location Technology

Thursday, 04 November 2010 13:22

AeroScout Raises $16 Million For Real-Time Location Technology

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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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Authors: Robin Wauters

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AeroScout Raises $16 Million For Real-Time Location Technology

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