Tech Company Financing Transactions
AeroScout Funding Round
AeroScout, operating out of Redwood City, secured $21 million from Intel Capital, Menlo Ventures and Pitango Venture Capital.
Transaction Overview
Company Name
Announced On
3/2/2007
Transaction Type
Venture Equity
Amount
$21,000,000
Round
Series C
Proceeds Purpose
AeroScout will use the funding to cement its leadership position,expanding its sales and marketing function in order to capitalize on itssuccess within the key sectors of healthcare, manufacturing and logistics.It will also utilize the funds to expand its presence in growinginternational markets. In addition, the funds will support productdevelopment, continuing the company's track record for innovation.
Company Information
Company Status
Private & Independent
Industry
Wireless
Mailing Address
1300 Island Dr. 202
Redwood City, CA 94065
USA
Redwood City, CA 94065
USA
Phone
Website
Email Address
Overview
AeroScout is the leader in WiFi RTLS (Real Time Location Systems) for complete wireless asset management for manufacturing, aerospace, Oil & Gas & mining.
Management Team
Title
Name
Email & Social
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