http://www.thertlsblog.com Its all about real time location and security. Mon, 26 Jul 2010 16:18:13 +0000 en hourly 1 http://wordpress.org/?v=abc http://www.thertlsblog.com/rf-code-at-the-halfway-mark-on-a-12m-funding-round http://www.thertlsblog.com/rf-code-at-the-halfway-mark-on-a-12m-funding-round#comments Fri, 04 Sep 2009 17:02:46 +0000 Ajay Malik, Author RTLS for Dummies http://www.thertlsblog.com/?p=1424
Austin-based RF Code, which develops radio-frequency identification, or RFID, devices, received the capital from seven investors, according to a filing with the U.S. Securities and Exchange Commission.

RF Code was launched in Arizona in 1998.

In 2005, the company closed a $20 million Series A round of funding from Maryland-based QuestMark Partners and California-based Intel Capital coupled with Dallas-based angel investors Moshe Azoulay and Travis Hunt.

In late 2006, RF Code won an Innovator of the Year award at the Governor’s Celebration of Innovation in Arizona. The following year, it raised a $13 million Series B round of financing, enlisted a new senior management team, and moved to Austin.

At the time, CEO Mitch Medford said the company was poised to reach profitability by 2009.]]> http://www.bizjournals.com/austin/stories/2009/08/31/daily14.html

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