Tuesday, January 22, 2008

Impinj Raises $14M From Strategic Investors

Seattle-based Impinj, a developer of RFID semiconductors, said Tuesday that it has raised $14M in new investments from a number of strategic investors. Impinj said the funding came from Inventec Appliances Corporation, LS Industrial Systems Co. Ltd., Samsung Ventures America, and YFY Group. Impinj said the funding will go towards continued development of its RFID products and technologies. Impinj develops RFID semiconductors which are used to create RFID tags, readers, and other RFID components. More information »