AeroScout builds Real‑Time Location System (RTLS) solutions that use Wi‑Fi RFID to provide real‑time visibility into the location, status and condition of mobile assets and people. Its technology lets customers leverage existing Wi‑Fi infrastructure instead of deploying separate proprietary networks for RTLS implementations. The company touts the invention of the world’s first Wi‑Fi‑based Active RFID tag and is recognized as a market leader by deployments and tags shipped. AeroScout serves more than 600 customers across healthcare, manufacturing, logistics and transportation. The firm plans to use new capital to support product development, sales and marketing. Headquartered in Redwood City, California, AeroScout also maintains offices in Europe, the Middle East, Asia, Australia and Latin America. AeroScout provides WiFi-based asset- and people-tracking solutions using Active RFID to locate and manage equipment and personnel. The company is based in San Mateo, California. It recently completed a third round of financing that the company says totaled $21 million. An earlier regulatory filing cited by PE Wire had reported $11.4 million of a $20.5M–$21M round before the company issued a correction. Investors in the round included Menlo Ventures (lead), Greylock Partners, Star Ventures, Pitango, Cisco Systems and Intel Capital. The article also notes the company had previously raised roughly $28.2 million since 1999.

Total raised

$27M

Funding rounds

2

Latest round

Equity

Latest activity

Nov 2010