RFID Company: ThingMagic Financing ...

ThingMagic secures financing to support continuing operations. ...

... "ThingMagic, Inc., a leading developer of radio frequency identification (RFID) technology, announced it has received additional funding. New investors include Cisco Systems, Inc., the worldwide leader in networking for the Internet, and Nicholas Negroponte, Wiesner Professor of Media Technology at the Massachusetts Institute of Technology and founding chairman of MIT's Media Laboratory. ThingMagic's private financing totals $21 million, including a line of credit from Silicon Valley Bank. " ...

RFID Company: ThingMagic Financing: Via ThingMagic: ThingMagic Adds Cisco, Others to Close $21M Financing ...