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AwarePoint Accepts Series D Venture Capital

Wednesday, November 26, 2008 5:42:00 AM PDT | VentureDeal Staff

San Diego, California  --  RFID company AwarePoint Corporation has raised $13.3 million in its fourth round of institutional venture capital funding.

AwarePoint sells active RFID technologies and real-time location systems that transform raw sensor data into high-value positioning information.

Cardinal Partners led the Round, which included Venrock and Avalon Ventures. The company said it would use the funding proceeds for expansion purposes in both domestic and international markets.

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