WiFi RFID co AeroScout raises $13m

June 28th, 2009

Globes Israel's Business Arena: AeroScout has recently completed a $13 million internal fund raising round. $7 million was raised from the company's existing investors, and a further $6 million in the form of a venture loan. This is in addition to $10 million raised by the company at the beginning of the year. The company, which was founded a decade ago, has so far raised a total of $70 million, including the current round. Investors in AeroScout include VC firms Pitango, Greylock, Star, and Menlo Ventures, and also Intel and Cisco. The company was founded a decade ago, and is now near profitability.

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