Impinj provides UHF RFID solutions for identifying, locating and authenticating items, offering a range of products including high-performance tag chips, readers, reader chips, software, antennas and RFID subsystem integration. The company is led by William T. Colleran, Ph.D., president and CEO, and is based in Seattle, WA. It recently closed a $21M equity financing and expects to raise additional funding to bring the total to $24M by mid-August. Impinj intends to use the funding to expand sales, marketing, product development and manufacturing operations. Core product development and manufacturing appear to be priorities as it scales commercial efforts. No revenue or user metrics were disclosed in the article.

Total raised

$21M

Funding rounds

1

Latest round

Equity

Latest activity

Jul 2012