Active RFID Technology Company RF Code Announces New Funding and New Austin, TX Headquarters.AUSTIN, Texas -- RF Code, Inc., a leading provider of enterprise-class active RFID (Radio Frequency IDentification) A data collection technology that uses electronic tags for storing data. The tag, also known as an "electronic label," "transponder" or "code plate," is made up of an RFID chip attached to an antenna. technology, today announced that it has closed a $13 million round of venture capital funding from QuestMark Partners, Intel Capital, Moshe Azoulay and Hunt Holdings L.P. RF Code also announced that it has completed a corporate relocation from Mesa, AZ to its new headquarters in the Waterford Centre Business Park in Austin, TX. The facility is located near Research Boulevard at the intersection of Waterford Centre Boulevard and Burnet burnet, hardy perennial herb of the family Rosaceae (rose) found in temperate regions, usually with white or greenish flowers. The European species are sometimes cultivated for the leaves, which are used in salads, for flavoring, and formerly as a poultice to stop Road, just south of the University of Texas' J.J Pickle pickle, general term for fruits or vegetables preserved in vinegar or brine, usually with spices or sugar or both. Vegetables commonly pickled include the beet, cabbage, cauliflower, cucumber, olive, onion, pepper, and tomato. Research Campus (PRC). "As we announce the opening of our new headquarters in Austin, I see great potential for RF Code and its partners," said CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Mitch Medford, who joined the company in March. "Our ability to leverage the regional ecosystem of enterprise technology innovators innovators people who will try new things. early innovators important figures in the farming or client community because they are the leaders in the introduction of new techniques and management systems. , Texas-based research institutions and a highly skilled local work force will be a tremendous advantage as we enter the next growth phase for the company." RF Code develops 'active RFID' tags and readers which are used to discover, track and monitor critical corporate assets in pharmaceutical, IT, defense and healthcare markets. The company was launched in the Phoenix area, where it has been headquartered since 1997. In December 2006 RF Code was named Arizona's 'Innovator of the Year' at the annual Governor's Celebration of Innovation (in the Small Company category). In addition to underwriting Underwriting 1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt). 2. The process of issuing insurance policies. the company's move to Austin, the new investment will be used to support product development and grow the channel sales organization. All four of RF Code's previous investors contributed to this follow-on round of funding. About RF Code, Inc. RF Code provides enterprise-class active RFID technology and solutions used to discover, track and monitor the condition of critical assets, inventory and personnel. Founded in 1997, the company has developed an award-winning technology platform featuring patented solutions for active RFID operating at 433 MHz (MegaHertZ) One million cycles per second. It is used to measure the transmission speed of electronic devices, including channels, buses and the computer's internal clock. A one-megahertz clock (1 MHz) means some number of bits (16, 32, 64, etc. and 303 MHz. RF Code and its world-class roster of integration partners develop solutions that are used around the world in demanding industry environments including healthcare, defense, manufacturing, transportation, hospitality, aerospace, information technology and homeland security Noun 1. Homeland Security - the federal department that administers all matters relating to homeland security Department of Homeland Security executive department - a federal department in the executive branch of the government of the United States . For more information, please call (877) 969-2828 or visit www.rfcode.com. |
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